Trump Calls for Credit Card Rate Cap, Barclays and US Operators Take a Hit
ByAinvest
Monday, Jan 12, 2026 9:24 pm ET1min read
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Barclays shares fell 2.4% after US President Donald Trump called for a 10% cap on interest rates for credit cards. US operators such as Capital One, American Express, Visa, and Mastercard also experienced declines. Trump's proposal aims to cap interest rates on credit cards for one year starting from January 20.
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