On January 10, 2023, former President Donald Trump announced via social media his intention to impose a one-year limit on credit card interest rates, setting the cap at 10% starting January 20, 2026. Trump stated that Americans are being ‚ripped off‘ by credit card companies; however, he did not elaborate on how this proposal would be enforced or how compliance would be achieved. His remarks come amidst rising bipartisan concern regarding high-interest rates, with lawmakers from both sides pushing for reform. Critics, including Democratic Senator Elizabeth Warren, underscored the absence of a concrete legislative proposal, calling Trump’s announcement ineffective without a supporting bill. Additionally, some banking industry advocates warned that a 10% cap could limit credit accessibility and drive consumers toward riskier alternatives. While bipartisan efforts to legislate such a cap have been previously introduced, including by Senators Bernie Sanders and Josh Hawley, Trump’s proposal remains largely unconfirmed and met with skepticism from both sides of the aisle.<\/p>\n","protected":false},"excerpt":{"rendered":"
On January 10, 2023, former President Donald Trump announced via social media his intention to impose a one-year limit on credit card interest rates, setting the cap at 10% starting January 20, 2026. Trump stated that Americans are being ‚ripped off‘ by credit card companies; however, he did not elaborate on how this proposal would […]<\/p>\n","protected":false},"author":2,"featured_media":5702,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[78],"tags":[],"class_list":["post-5703","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-1"],"translation":{"provider":"WPGlobus","version":"3.0.0","language":"de","enabled_languages":["en","de","ja","vi","ms"],"languages":{"en":{"title":true,"content":true,"excerpt":false},"de":{"title":false,"content":false,"excerpt":false},"ja":{"title":false,"content":false,"excerpt":false},"vi":{"title":false,"content":false,"excerpt":false},"ms":{"title":false,"content":false,"excerpt":false}}},"rttpg_featured_image_url":{"full":["https:\/\/globalcryptoguru.com\/wp-content\/uploads\/2026\/01\/news_image_3-4.png",1536,1024,false],"landscape":["https:\/\/globalcryptoguru.com\/wp-content\/uploads\/2026\/01\/news_image_3-4.png",1536,1024,false],"portraits":["https:\/\/globalcryptoguru.com\/wp-content\/uploads\/2026\/01\/news_image_3-4.png",1536,1024,false],"thumbnail":["https:\/\/globalcryptoguru.com\/wp-content\/uploads\/2026\/01\/news_image_3-4-150x150.png",150,150,true],"medium":["https:\/\/globalcryptoguru.com\/wp-content\/uploads\/2026\/01\/news_image_3-4-300x200.png",300,200,true],"large":["https:\/\/globalcryptoguru.com\/wp-content\/uploads\/2026\/01\/news_image_3-4-1024x683.png",1024,683,true],"1536x1536":["https:\/\/globalcryptoguru.com\/wp-content\/uploads\/2026\/01\/news_image_3-4.png",1536,1024,false],"2048x2048":["https:\/\/globalcryptoguru.com\/wp-content\/uploads\/2026\/01\/news_image_3-4.png",1536,1024,false],"blog-thumb":["https:\/\/globalcryptoguru.com\/wp-content\/uploads\/2026\/01\/news_image_3-4-530x250.png",530,250,true],"blog-full":["https:\/\/globalcryptoguru.com\/wp-content\/uploads\/2026\/01\/news_image_3-4-1100x450.png",1100,450,true]},"rttpg_author":{"display_name":"MUHAMMAD ISMAIL","author_link":"https:\/\/globalcryptoguru.com\/de\/author\/ai-news-automation\/"},"rttpg_comment":0,"rttpg_category":"News 1<\/a>","rttpg_excerpt":"On January 10, 2023, former President Donald Trump announced via social media his intention to impose a one-year limit on credit card interest rates, setting the cap at 10% starting January 20, 2026. Trump stated that Americans are being ‚ripped off‘ by credit card companies; however, he did not elaborate on how this proposal would…","_links":{"self":[{"href":"https:\/\/globalcryptoguru.com\/de\/wp-json\/wp\/v2\/posts\/5703","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globalcryptoguru.com\/de\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globalcryptoguru.com\/de\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globalcryptoguru.com\/de\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/globalcryptoguru.com\/de\/wp-json\/wp\/v2\/comments?post=5703"}],"version-history":[{"count":1,"href":"https:\/\/globalcryptoguru.com\/de\/wp-json\/wp\/v2\/posts\/5703\/revisions"}],"predecessor-version":[{"id":5704,"href":"https:\/\/globalcryptoguru.com\/de\/wp-json\/wp\/v2\/posts\/5703\/revisions\/5704"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/globalcryptoguru.com\/de\/wp-json\/wp\/v2\/media\/5702"}],"wp:attachment":[{"href":"https:\/\/globalcryptoguru.com\/de\/wp-json\/wp\/v2\/media?parent=5703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globalcryptoguru.com\/de\/wp-json\/wp\/v2\/categories?post=5703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globalcryptoguru.com\/de\/wp-json\/wp\/v2\/tags?post=5703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}