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CBS News · Jan 13, 2026 10:07 PM EST FinanceMacroMarkets

What a 10% credit card interest rate cap could mean for borrowers

The Dow Jones fell nearly 400 points on Tuesday as traders reacted to President Trump's proposal to cap credit card interest rates at 10% for one year. Kristin Myers, ETF editor-in-chief at Asset TV, joins to discuss how the plan could impact borrowers if implemented.

What a 10% credit card interest rate cap could mean for borrowers
Image CBS News

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