Finance

Warren Presses Bank Regulators on Trump’s Call to Cap Card Rates

Senator Elizabeth Warren pressed US regulators on whether they plan to take action to rein in lenders after President Donald Trump’s push earlier this year for a temporary 10% cap on credit card rates resulted in little change.

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Bloomberg
April 28, 2026·1 min read
Warren Presses Bank Regulators on Trump’s Call to Cap Card Rates

Image: Bloomberg

Senator Elizabeth Warren pressed US regulators on whether they plan to take action to rein in lenders after President Donald Trump’s push earlier this year for a temporary 10% cap on credit card rates resulted in little change.

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Warren Presses Bank Regulators on Trump’s Call to Cap Card Rates

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