HOUSTON - President Trump has proposed capping credit card interest rates at 10% for a year.

President Donald Trump's call for putting a one-year, 10% cap on credit card rates certainly catches the eye — and no surprise, has caught the wrath of bankers.

A Jan. 10 White House X post included an image of Trump’s Truth Social post from the previous day that said in part, "Effective January 20, 2026, I, as President of the United States, am calling for a...