President Donald Trump has said he plans to cap credit card interest rates at 10% for one year, and the rule would likely go into effect later this month. ・Trump’s plan would rein in interest income for the financial services sector.

Credit card companies' stocks, like those of Capital One, American Express, JPMorgan and Chase, among others, dropped during the early US stock market session on Monday, 12 January 2026, after US Pres...