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Shares of U.S. credit card issuers fell in pre-market trading after Trump called for caps on credit card interest rates.

Shares of U.S. credit card issuers fell in pre-market trading after Trump called for caps on credit card interest rates.

CointimeCointime2026/01/12 09:50

due to Trump's call to set the credit card annual interest rate cap at 10% and maintain it for one year, U.S. credit card issuing company stocks fell in pre-market trading. American Express stock fell 3.6%, Synchrony Financial stock dropped 8.8%, and Capital One Financial stock declined 7.7%.

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