As Trump's deadline for a cap on credit card rates looms, banks have only questions and no answers

Published on: 01/19/2026

This news was posted by Oregon Today News

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President Donald Trump has demanded a 10% cap on credit card interest rates by Jan. 20. Consumer groups, politicians, and bankers remain unclear about the plans.

News Source : https://www.kgw.com/article/news/nation-world/credit-card-interest-rate-cap-deadline/507-719ee5ee-6975-4493-be1a-3bea26b4536a

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