Trump floats 10% credit card interest rate cap
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The Daily Overview on MSN
SoFi CEO says Trump credit card cap will push borrowers to personal loans, boosting SoFi
President Donald Trump's push to cap credit card interest rates at 10% for one year has set off a rare public debate between the White House, big banks, and fintech lenders. At the center of that debate is SoFi,
MiBolsilloColombia on MSN
Wall Street vs. Trump: JPMorgan and Citi warn of closed accounts if 10% credit card rate cap is enforced
A high-stakes confrontation is brewing between the White House and Wall Street after President Donald Trump mandated a one-year cap on credit card interest rates at 10%. The nation's largest banks have responded with a clear and defiant message: they will close customer accounts before they comply.