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Trump's Credit Card Rate Cap Deadline Arrives Amid Banking Industry Uncertainty

Research conducted by Perplexity AI using the following sources:

  • Trump's proposed 10% credit card interest cap: Key considerations
  • Trump Signals Credit Card Interest Rate Cap and Backs Credit Card Competition Act of 2026
  • Trump's Proposed Change to Credit Cards. How Does It Impact You?
  • Klarna CEO backs Trump 10% rate cap, calls credit cards 'extraction machine'
  • S.381 - 10 Percent Credit Card Interest Rate Cap Act
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