Synchrony Financial stock slides on Trump’s 10% credit-card rate cap pitch — what investors watch next
New York, Jan 12, 2026, 3:33 PM EST — Regular session Shares of Synchrony Financial dropped sharply on Monday, tumbling 8.2% to $79.76 in afternoon trading. The slide followed President Donald Trump’s push for a one-year cap on credit-card interest rates at 10%, a move investors warn could severely tighten card lending profits. (Reuters) The proposal is significant since interest…