© 2026 Boise State Public Radio
NPR in Idaho
Donate
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

What Trump's proposal for a 10% cap on credit card interest could mean for consumers

WBUR | By Here & Now Newsroom
Published January 15, 2026 at 9:58 AM MST
Credit and bank cards with electronic chips. (Martin Meissner/AP)
Martin Meissner/AP
Credit and bank cards with electronic chips. (Martin Meissner/AP)

President Trump is calling for a one-year cap on credit card interest rates at 10%.

Here & Now‘s Peter O’Dowd speaks with MS NOW journalist Ali Velshi about what his proposal would mean and if it’s possible.

This article was originally published on WBUR.org.

Copyright 2026 WBUR
Here & Now Newsroom

You make stories like this possible.

The biggest portion of Boise State Public Radio's funding comes from readers like you who value fact-based journalism and trustworthy information.

Your donation today helps make our local reporting free for our entire community.

Donate