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Trump calls for cap on credit card interest rates in latest appeal to affordability concerns

todayJanuary 9, 2026 4

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President Donald Trump on Friday called for a one-year cap on credit card interest rates of 10%, saying the American public is being “ripped off” in a Truth Social post.

 President Donald Trump on Friday called for a one-year cap on credit card interest rates of 10%, saying the American public is being “ripped off” in a Truth Social post. Read More Breaking News, Latest News and Videos | CNN 

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