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Dodd-frank Act

A collection of 1 post
Banks react after Trump calls for a 10% cap on credit card interest — Static01.nyt.com
Business

Banks react after Trump calls for a 10% cap on credit card interest

President Trump posted on social media calling for a one-year, 10 percent cap on credit card interest rates, touching off alarm among banks and lenders that the move would hit a major profit source. The industry has been “in a tizzy,” and shares of card-heavy banks have fallen this week
14 Jan 2026 1 min read
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