Event Brief
Jan 22, 2026 at 1:06 PM ET
Bank of America, Citigroup Explore 10% Credit Card Rates
By The BriefBrief
Bank of America and Citigroup consider new credit cards to meet Trump's demand for a 10% interest rate cap.
WHO: Bank of America Corp., Citigroup Inc.
WHAT: Exploring new credit card options with capped interest rates
WHEN: Jan 22, 2026 at 12:05 PM ET
WHERE: United States
WHY: To satisfy President Trump's demand for lower credit card rates
How this brief is built: The BriefBrief correlates multiple sources into one evolving event brief, updated as new facts emerge.
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