While the plan might squeeze credit card issuers, advocates say it would benefit average consumers.U.S. dollar bills and credit and debit cards in Washington on Oct. 4, 2024. Madalina Vasiliu/The Epoch Times1/12/2026|Updated: 1/12/2026Shares of credit card companies fell on Jan. 12 amid President Donald Trump’s proposal to cap interest rates.Capital One declined 6 percent, while American Express dropped 4 percent. Shares of Visa and Mastercard fell more than 2 percent.Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of “The War on Cash.”Author’s Selected Articles
Credit Card Stocks Fall on Trumps Interest Rate Cap Proposal
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