Just when traders were settling in for the weekend… BAM 💥 — President Donald Trump dropped a late-Friday bombshell on credit markets. In a Truth Social post, he called for a one-year cap on credit card interest rates at 10%, starting January 20, 2026 — the first anniversary of his administration.
This isn’t a casual tweet — it’s a major policy pitch aimed at high borrowing costs, and it’s already triggering buzz across markets.
📌 Why This Matters for Markets
• 💳 Big squeeze on lenders: Current credit card APRs often sit 20–30%+, and a 10% cap would be a dramatic shift for lenders and consumers alike.
• ⚠️ No enforcement plan yet: Trump didn’t outline how this would be implemented — it may require Congressional approval to become law.
• 📊 Banking & finance volatility: Stocks in banks and financial services could weaken if the idea gains traction or is priced in.
• 🧠 Policy vs. reality: Analysts warn a cap may reduce credit availability or push borrowers to riskier lenders if banks pull back on lending.
🔥 Political & Economic Ripples
📍 Trump framed the move as consumer protection and a fight against what he described as “ripping off” by credit card companies charging high rates.
📍 Bipartisan interest exists — similar caps have been proposed in Congress previously — but none have become law yet.
📍 Banking industry groups and some investors have already pushed back, warning the cap could backfire without careful implementation.
👀 Coins & Assets to Watch Tonight
Watch for volatility in risk-linked assets and financial tokens, especially:
These could see movements as traders digest
policy risk around credit and consumer spending.
⭐ $GMT
⭐ $PIPPIN
⭐ $GPS
