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Event Brief

Warren presses regulators on Trump card-rate cap

Sen. Elizabeth Warren questioned US bank regulators about whether they will act after Trump’s 10% credit card rate cap saw little change.
WHO: Senator Elizabeth Warren
WHAT: Pressed US bank regulators on whether they plan to rein in lenders after President Trump’s push for a temporary 10% cap on credit card rates produced little change.
WHEN: Apr 28, 2026 at 8:06 AM ET
WHERE: USA
WHY: Warren reacted to President Trump’s push for a temporary 10% cap on credit card rates that resulted in little change.
Sources (1): Bloomberg

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