đ¨ BREAKING: Trump Drops Another LateâNight Shock đşđ¸âĄ
Just when markets were settling⌠Trump unleashed a new surprise late Friday night.
đŁ Heâs calling for a oneâyear cap on U.S. credit card interest rates at 10%, starting January 20.
His message: stop banks from âripping offâ Americans with 20â30%+ credit card APRs and make borrowing more affordable. But thereâs a catch â this isnât law yet and would likely need Congress to act, meaning banks and markets are scrambling to react.
đĽ Why it matters:
⢠Another Friday night bombshell move, keeping markets and bank stocks on edge.
⢠If enacted, millions could pay far less in interest â but lenders may tighten credit or hike fees.
⢠Timing and execution remain unclear, fueling volatility across financials.
đ Watch this space â traders, consumers, and Wall Street are all bracing for impact.
đĽ Markets could swing hard as this unfolds.
#BREAKING #Trump #CreditCardCap #Markets #Volatility đđ