Continue Reading
Full article on Bloomberg
Trump Says Credit Card Firms Violate Law If Rates Not Capped
Market Intelligence Analysis
AI-Powered
Why This Matters
President Trump has called for credit-card lenders to cap interest rates at 10% for one year, stating that failure to comply would be a violation of the law.
Market Impact
Market impact analysis based on bearish sentiment with 70% confidence.
Sentiment
Bearish
AI Confidence
70%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
President Donald Trump said that credit-card lenders would be “in violation of the law” if they don’t heed his call to cap interest rates at 10% for one year.
Original article published by
Bloomberg
on January 12, 2026.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.