U.S. President Donald Trump said he is calling for a cap on credit card interest rates at 10% for one year starting January 20. He added, 'Please be advised that we will no longer allow credit card companies to 'exploit' the American people.' In a post on Truth Social, Trump wrote, 'Effective January 20, 2026, as President of the United States, I am calling for a cap on credit card interest rates at 10% for one year,' without providing further details.
