Trump’s 10% credit-card rate cap puts Citigroup stock in focus ahead of earnings week
NEW YORK, Jan 10, 2026, 16:23 ET — Market closed. Citigroup shares are poised for attention when U.S. markets resume trading after President Donald Trump proposed a one-year 10% cap on credit-card interest rates. If the idea catches on, it could squeeze profits at leading card issuers. (Reuters) The proposal focuses on annual percentage rates (APRs), the interest applied to unpaid card balances. For major consumer banks, card interest represents a significant revenue stream, and imposing a strict cap would alter how lenders assess risk on unsecured loans. This comes at a tricky time. U.S. financial stocks have risen ahead