Event Brief
Jan 9, 2026 at 9:03 PM ET
Trump Proposes 10% Cap on Credit Card Rates
By The BriefBrief
President Trump calls for a one-year cap on credit card rates at 10%, effective Jan. 20.
WHO: Donald Trump
WHAT: Proposed cap on credit card interest rates
WHEN: Jan 9, 2026 at 7:00 PM ET
WHERE: United States
WHY: To provide relief to consumers
How this brief is built: The BriefBrief correlates multiple sources into one evolving event brief, updated as new facts emerge.
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