🚨 TRUMP SHAKES UP CREDIT CARDS: 10% INTEREST RATE CAP ANNOUNCED 🇺🇸💳
President Trump just sent shockwaves through the U.S. credit card industry.
He announced that starting January 20, credit card interest rates across the United States will be capped at 10% — a dramatic shift in a country where many consumers are stuck paying 20–30%+ APR on revolving balances.
Why this is huge if it passes:
Millions of Americans get real relief from crushing interest
Monthly payments drop fast
Lower default risk across households
More disposable income = stronger consumer spending
But here’s the flip side 👀
Banks and card issuers won’t be celebrating. A massive portion of their high-margin interest revenue could vanish overnight, setting up a major fight between Wall Street and consumer policy.
This move signals Trump going straight at cost-of-living pressure and household debt, not just markets and macro talk.
If enforced, this could become one of the biggest consumer finance reforms in decades.
All eyes are now on Washington — and the markets are watching closely. 🔥
Trending coins to watch right now:
| $GPS
| $ID
