In a move that has sent shockwaves through the financial sector and the corridors of Capitol Hill, President Donald Trump officially endorsed the Credit Card Competition Act (CCCA) on January 13, 2026. Characterizing the prevailing credit card "swipe fees" as a "hidden tax" and an "out-of-control ripoff" on the American
As of January 20, 2026, the American financial landscape is facing a seismic shift as the White House’s proposed 10% cap on credit card interest rates moves from a campaign-trail firebrand to a looming regulatory reality. The mandate, which President Trump aggressively revived earlier this month, seeks to provide
The American financial landscape is currently bracing for what many analysts are calling "Interest Rate Armageddon." As of mid-January 2026, a bipartisan legislative push to cap credit card interest rates at a hard 10% has moved from a progressive pipe dream to a central pillar of the national political agenda.
As of January 19, 2026, the financial sector is closely monitoring American Express (NYSE: AXP), a company that has spent the last year demonstrating the power of its premium brand while simultaneously grappling with the harsh realities of a complex macroeconomic environment. Throughout 2025, the credit card giant consistently posted
WASHINGTON, D.C. — In a move that has sent shockwaves through Wall Street and the payments industry, President Donald Trump officially endorsed the Credit Card Competition Act (CCCA) on January 13, 2026. The endorsement, delivered via a series of high-profile statements, marks a significant shift in the political landscape for
The financial sector faced a turbulent start to the week as President Donald Trump intensified his push for a federal 10% cap on credit card interest rates, a cornerstone of his populist economic agenda. The proposal, which aims to provide "temporary and immediate relief" to American consumers, has moved from
In a swift and sharp reaction to shifting political winds, shares of American Express (NYSE:AXP) plummeted more than 5% on January 12, 2026, as investors grappled with a dual-pronged regulatory threat from the highest levels of government. The selloff was ignited by President Trump’s weekend proposal to mandate
WASHINGTON D.C. — In a series of sweeping policy declarations that have sent shockwaves through the financial corridors of Wall Street, President Trump has set the stage for a radical restructuring of the American credit system. As of January 19, 2026, the administration has doubled down on its pledge to
The global financial landscape in early 2026 finds itself at a peculiar crossroads, and at the center of this transition sits Visa Inc. (NYSE: V). Long considered the ultimate "toll-bridge" of the global economy, the company is navigating a complex environment defined by robust cross-border travel, a "K-shaped" consumer recovery, and a legislative storm brewing [...]
Trump’s backing of the Credit Card Competition Act and talk of “out of control” swipe fees have sparked sharp, but likely temporary, volatility in Visa, but its long‑term thesis remains intact unless routing reforms actually become law.
As of mid-January 2026, the global payment landscape is caught in a profound contradiction. While industry giants Visa (NYSE: V) and Mastercard (NYSE: MA) continue to report record-breaking revenues and double-digit earnings growth, their market valuations are being haunted by a spectral array of regulatory and political threats. The "duopoly"
U.S. President Donald Trump has previously said that he was looking to introduce a one-year 10% cap on credit card interest rates after pointing out that the current rates were exorbitantly high.
Visa and Mastercard are facing pressure as Trump supports Credit Card Competition Act, potentially impacting their duopoly and high-margin fee engines.
