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Event Brief

Trump Proposes 10% Cap on Credit-Card Interest Rates

Trump aims to ease financial burden on Americans by capping credit-card interest rates at 10%.
WHO: Donald Trump
WHAT: Proposes capping credit-card interest rates
WHEN: Jan 9, 2026 at 7:00 PM ET
WHERE: United States
WHY: To combat soaring debt among Americans
Sources (2): CBS News, MarketWatch

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