Trump calls for cap on credit card interest rates at 10%, effective Jan 20

Washington DC [US], January 10 (ANI): US President Donald Trump has announced a one-year cap on credit card interest rates, proposing a maximum rate of 10 per cent, to be effective from January 20.

In a post on Truth Social, which was shared on X by The White House, Trump criticized credit card companies for charging interest rates ranging from 20 per cent to 30 per cent or higher, arguing that such rates have pl