Financial stocks fall as investors get jittery over Trump's call for one-year 10% credit card interest cap

Impact · against what's priced in

The proposed 10% credit card interest rate cap is a significant negative catalyst for major lenders and payment networks, threatening their primary profit engines. While legal experts suggest the mandate may be unenforceable without Congress, the immediate market reaction reflects a sharp increase in perceived regulatory risk.

COF−0.80

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