Trump targets credit card rates. What’s at stake for Capital One and other banks

Capital One shares sank Monday after Trump called for a 10% cap on credit card rates, a major profit driver for the company.

Jan 12, 2026 6

Trump targets credit card rates. What’s at stake for Capital One and other banks

Capital One shares sank Monday after Trump called for a 10% cap on credit card rates, a major profit driver for the company.

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