Trump’s affordability pledge strikes directly at the heart of Wall Street’s profit engine
General Idaho
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January 16, 2026
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By John Towfighi, CNN New York (CNN) — President Donald Trump’s proposal for a one-year 10% cap on credit card interest rates has struck a chord in debates about affordability — and set up a potential clash with Wall Street. A rate cap could offer short-term relief, though it’s unclear if it would meaningfully address
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