Under threat from Trump, Wall Street banks wager they can fend off credit card price controls

Market Intelligence Analysis

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Why This Matters

Wall Street banks are preparing for potential credit card price controls after Trump's demand, but have yet to receive formal guidance on the policy.

Market Impact

Market impact analysis based on neutral sentiment with 70% confidence.

Sentiment
Neutral
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.

Five days after Trump's demand to cap credit card rates, bankers and lobbyists told CNBC they have yet to receive any formal or written guidance on the policy.

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Original article published by CNBC on January 14, 2026.
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