Trump pushes a 1-year, 10% cap on credit card interest rates and banks balk Jan 10, 2026 · Ken Sweet and Seung Min Kim · washingtontimes.com read more » Reviving a campaign pledge, President Donald Trump wants a one-year, 10% cap on credit card interest rates, a move that could save Americans tens of billions of dollars but drew immediate opposition from an industry that has been in his corner. Read more »