Does Trump’s 10% Credit Card Rate Cap Make Visa and Mastercard a Buy?
President Donald Trump announced on his social media platform Truth Social that he will impose a one-year cap on credit card interest rates at 10%, effective Jan. 20, the one-year anniversary of his second inauguration. He cited affordability concerns and criticized rates of 20% to 30% under the prior administration. This move represents yet another ... Does Trump’s 10% Credit Card Rate Cap Make Visa and Mastercard a Buy?