Trump Revives 10% Credit Card Rate Cap Proposal, Offers No Details On Enforcement 01/11/2026 08:23 am WASHINGTON — President Donald Trump on Friday renewed a campaign promise to cap credit card interest rates, calling for a one-year limit of 10% beginning Jan. 20, though he offered no details on how such a cap would be enforced or implemented, Reuters reported.
Trump Revives 10% Credit Card Rate Cap Proposal, Offers No Details On Enforcement 01/11/2026 08:24 am WASHINGTON — President Donald Trump on Friday renewed a campaign promise to cap credit card interest rates, calling for a one-year limit of 10% beginning Jan. 20, though he offered no details on how such a cap would be enforced or implemented.
DCUC Moves Quickly On Trump Credit Card Cap, Distributes Guidance To Member Credit Unions 01/11/2026 05:16 pm WASHINGTON--The Defense Credit Union Council has distributed a set of official talking points to all DCUC member credit unions addressing President Trump’s recent proposal to impose a nationwide 10% cap on credit card interest rates, the trade group announced.
America’s Credit Unions Warns Trump 10% Card Rate Cap Could Cut Off Credit For Vulnerable Borrowers 01/11/2026 07:12 pm WASHINGTON--America’s Credit Unions Sunday sent a letter to President Trump responding to his proposal for a one-year 10% cap on credit card interest rates.
Tri-CU Turns A Strong Year Into Cash, Pays Members 50% APY On Savings And Checking 01/11/2026 08:20 am KENNEWICK, Wash. — Tri-CU Credit Union capped 2025 with a one-time special dividend that paid members 50% APY on the first $500 held in eligible primary savings and checking accounts for December, including youth accounts.
Powell Says DOJ Subpoenas Fed, Threatens Indictment In Escalation Of Trump Clash 01/11/2026 10:21 pm WASHINGTON — Federal Reserve Chair Jerome Powell said Sunday that the Justice Department has subpoenaed the central bank and threatened a criminal indictment tied to his congressional testimony about the Fed’s headquarters renovations, according to the Associated Press.
Holiday Spending Hangover Sets In As Americans Bet On A Better Financial Year Ahead 01/11/2026 08:21 am MIAMI--The holiday shopping season isn’t quite over for many Americans, as returns, lingering debt, and new budgeting resolutions take center stage in the new year, according to a new WalletHub survey.
A 10% Cap, A Busy Congress, And Big Stakes For Credit Unions This Week 01/12/2026 01:58 pm WASHINGTON—Credit union trade groups entered the week in Washington closely monitoring developments after President Trump’s proposal for a nationwide 10% cap on credit card interest rates, even as Congress returns to work on funding, financial services reform, and digital asset legislation.
DCUC, Military Banks Warn Congress Credit Card Competition Act Would Harm Service Members 01/12/2026 10:55 am WASHINGTON--Monday, the Defense Credit Union Council and the Association of Military Banks of America (AMBA) issued a joint letter to U.S. House and Senate leadership expressing strong, unified opposition to the so-called Credit Card Competition Act (CCCA), warning that the legislation would harm service members, veterans, and the financial institutions that serve military communities.
