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Latest reporting and analysis tagged with Trump.
President Trump calls for a one-year 10% cap on credit card rates, drawing criticism from bankers who warn it could restrict credit access. Details are expected in his upcoming Davos speech.
President Trump demanded Fannie Mae and Freddie Mac purchase $200 billion in mortgage bonds via Truth Social. Experts say the move has already influenced rates, with a 20-basis-point drop observed after the announcement.
President Trump's call for a 10% cap on credit card interest rates caused bank stocks and financial ETFs to fall, adding uncertainty after a strong 2025.