Can Trump cap credit card rates for one year? Here's what to know.

President Trump says he wants to cap credit card interest rates at 10% for a year by Jan. 20. CBS News business analyst Jill Schlesinger breaks down if the president has the ability to cap rates and what it would mean for you.

  Economy   Jan 13, 2026   0   0  Add to Reading List
Can Trump cap credit card rates for one year? Here's what to know.
President Trump says he wants to cap credit card interest rates at 10% for a year by Jan. 20. CBS News business analyst Jill Schlesinger breaks down if the president has the ability to cap rates and what it would mean for you.
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