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Event Brief

Trump's 10% Credit Card Cap Deadline Approaches

President Trump set a deadline for credit card companies to comply with a 10% rate cap. What are their plans?
WHO: President Trump
WHAT: 10% cap on credit card rates
WHEN: Jan 20, 2026 at 3:33 PM ET
WHERE: United States
WHY: To regulate credit card interest rates
Sources (1): CBS News

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