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Financial Regulation News 12 January 2026 - 14 January 2026

Mastercard stock dips as Trump-backed credit card cap and swipe-fee bill keep MA in focus

Mastercard stock dips as Trump-backed credit card cap and swipe-fee bill keep MA in focus

New York, January 14, 2026, 10:54 EST — Regular session. Mastercard shares slipped 0.1% to $544.29 on Wednesday morning amid mounting political scrutiny of the U.S. credit-card industry. Investors appeared cautious as new regulatory concerns came into focus. This debate hits two key profit drivers in the sector: the interest rates borrowers face and the fees merchants pay whenever a card is swiped. Mastercard doesn’t lend money itself, but it’s right in the middle of the payment process. So a drop in card spending or changes in routing could still dent network volumes and fee income. Senators Roger Marshall and
Bitcoin price today: BTC jumps 4% toward $97,000 as CPI steadies and crypto rules near a vote

Bitcoin price today: BTC jumps 4% toward $97,000 as CPI steadies and crypto rules near a vote

New York, Jan 14, 2026, 10:07 EST — Regular session Bitcoin climbed 4.4% to $96,384 in early U.S. trading Wednesday, retreating from an intraday peak around $96,729 after dipping to a low of $92,204. This shift is significant as bitcoin has started behaving like a high-beta risk asset once more. Since rates remain the key driver, even minor changes in inflation narratives can swiftly pull funds into or away from crypto. U.S. consumer prices increased 0.3% in December and climbed 2.7% compared with the previous year, Labor Department data revealed. Core inflation, excluding food and energy, edged up 0.2% monthly
XRP price today: Ripple-linked token rises as Washington’s crypto rules fight heats up

XRP price today: Ripple-linked token rises as Washington’s crypto rules fight heats up

New York, January 14, 2026, 06:22 EST — Premarket XRP rose 3.65% in the last 24 hours to hit $2.13 on Wednesday, pushing its market cap to roughly $129.4 billion, according to data from CoinMarketCap. (CoinMarketCap) The rally follows renewed efforts by U.S. lawmakers on a draft bill aimed at clarifying regulatory boundaries for crypto oversight and defining when a token counts as a security versus a commodity. The proposal would expand the Commodity Futures Trading Commission’s control to include spot crypto markets — that’s immediate cash trades, not futures contracts — and impose stricter regulations on some payments involving
Visa stock hit again by Trump’s 10% credit-card rate cap push as traders eye Jan. 20

Visa stock hit again by Trump’s 10% credit-card rate cap push as traders eye Jan. 20

New York, January 14, 2026, 05:25 ET — Premarket Visa Inc shares dropped 4.5%, ending Tuesday at $327.88. The move was notable for a Dow component, following renewed White House pressure on credit-card fees that rattled payments stocks. The selloff boils down to one key factor: President Donald Trump proposed a one-year cap of 10% on credit-card interest rates starting Jan. 20, effectively setting a legal maximum on what issuers can charge. JPMorgan’s Chief Financial Officer Jeremy Barnum slammed the plan as “very bad for consumers,” warning the bank would have to scale back credit availability. Trump also backed reducing
Barclays stock drifts lower as Trump’s 10% credit-card cap keeps U.S. profits in play

Barclays stock drifts lower as Trump’s 10% credit-card cap keeps U.S. profits in play

London, Jan 14, 2026, 08:15 GMT — Regular session Shares of Barclays (BARC.L) slipped 0.2% to 476.35 pence in early Wednesday trading, retreating after a steep fall earlier this week sparked by U.S. discussions about capping interest rates on credit cards. (Google Finance quote) This move hits home for Barclays, given its U.S. credit card division is a solid profit driver. Ranked ninth in the U.S. card market, it accounts for roughly 11% of the bank’s overall profits, according to Reuters. (Reuters — Barclays shares fall) Barclays isn’t the only one feeling the heat. JPMorgan’s top brass pushed back sharply
Capital One (COF) stock steadies after Trump’s 10% card-rate cap threat as $425 million settlement hits

Capital One (COF) stock steadies after Trump’s 10% card-rate cap threat as $425 million settlement hits

New York, January 13, 2026, 11:03 AM EST — Regular session Shares of Capital One Financial Corp ticked up Tuesday, clawing back a bit after Monday’s dip. Investors are wrestling with how aggressive Washington might get on capping credit-card interest rates—and what that could spell for lenders reliant on card business. By late morning, the stock was trading around $233.84, up roughly 0.3%. Policy risk is in focus. U.S. President Donald Trump has proposed a 10% cap on credit-card interest rates for one year starting Jan. 20, but hasn’t specified how it would be enforced. This rattled lenders and card
Citigroup stock slides after-hours on reported job cuts as credit-card rate cap looms

Citigroup stock slides after-hours on reported job cuts as credit-card rate cap looms

New York, Jan 12, 2026, 18:10 EST — After-hours Citigroup Inc (NYSE: C) shares fell 3% to $117.70 in after-hours trading Monday after Reuters reported the bank plans to cut roughly 1,000 jobs this week. Citi didn’t confirm the figure but restated it plans to keep trimming its workforce through 2026. The bank is targeting a total reduction of 20,000 employees by year-end under an earlier announced strategy. A spokesperson said, “These changes reflect adjustments we’re making to ensure our staffing levels, locations and expertise align with current business needs.” (Reuters) The report came as political risks for consumer lenders
Bank of America stock falls on Trump credit-card rate cap talk as CPI, earnings near

Bank of America stock falls on Trump credit-card rate cap talk as CPI, earnings near

New York, January 12, 2026, 17:49 EST — After-hours Shares of Bank of America Corp fell Monday, dragged down by President Donald Trump’s effort to limit credit card interest rates. BAC dipped about 1.2% to $55.19 in after-hours trading, after earlier touching a low of $54.15. Trading volume hit roughly 45.8 million shares for the day. Credit cards generate strong profits for big lenders, but a cap could wipe out a revenue stream investors count on. The debate is intensifying ahead of a heavy slate of bank earnings on Wall Street. Financials took a hit while the broader market eked
Visa stock drops after Trump revives 10% credit-card rate cap plan; what’s next for V

Visa stock drops after Trump revives 10% credit-card rate cap plan; what’s next for V

New York, Jan 12, 2026, 5:11 PM EST — After-hours Visa Inc. shares dropped further in after-hours trading Monday, following a daytime slump as investors dumped card and payments stocks. The selloff came after President Donald Trump advocated a 10% ceiling on credit-card interest rates. Visa fell 1.8%, closing at $343.20. This move hits the market with a stark policy signal right as banks kick off their quarterly earnings season and investors wrestle with predicting U.S. consumer credit trends for 2026. The chatter around a cap throws a wider uncertainty over the entire card ecosystem — from lenders and networks
Dow Jones ETF drops as Trump’s credit-card cap plan and Fed subpoena fight hit banks

Dow Jones ETF drops as Trump’s credit-card cap plan and Fed subpoena fight hit banks

NEW YORK, Jan 12, 2026, 10:26 EST — Regular session The SPDR Dow Jones Industrial Average ETF Trust (DIA) dropped roughly 0.5% Monday morning, mirroring a pullback in blue-chip shares. The market weighed fresh political pressure on the Federal Reserve alongside the White House’s move to limit credit-card interest rates. (Reuters) That’s significant for the Dow since it’s price-weighted, so stocks with higher prices have a bigger impact on the index’s movement. MarketWatch calculated that early declines in American Express and Visa alone shaved roughly 155 points off the Dow’s drop. (MarketWatch) Fed Chair Jerome Powell said in a video
Citigroup stock slides as Trump’s 10% credit-card rate cap plan rattles lenders ahead of earnings

Citigroup stock slides as Trump’s 10% credit-card rate cap plan rattles lenders ahead of earnings

New York, January 12, 2026, 11:40 EST — Regular session Citigroup Inc shares were down about 3.5% at $117.03 in late morning trading, after President Donald Trump called for a one-year cap on credit card interest rates at 10% starting Jan. 20 and gave no details on how companies would be made to comply. (Reuters) The headline risk for Citi is simple: credit cards are a big consumer profit engine across the industry, and a hard ceiling would hit pricing on loans that carry no collateral. It also lands with bank earnings days away, when executives normally talk about credit
Barclays stock slides as Trump’s 10% credit-card rate cap plan hits bank shares

Barclays stock slides as Trump’s 10% credit-card rate cap plan hits bank shares

London, 09:08 GMT, January 12, 2026 — Regular session Shares of Barclays PLC (BARC.L) dropped as much as 4.5% on Monday, hitting their lowest point in nearly a month. The slide led European banks lower after U.S. President Donald Trump renewed his push to cap credit card interest rates at 10%. The broader European banks index fell 1.1%, with HSBC shares down around 1%. (Reuters) This matters since Barclays operates a U.S. consumer bank in addition to its UK branches, making it more vulnerable than many European rivals to changes in American credit-card regulations. (Barclays Home) Markets jittered for another
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Stock Market Today

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 07.02.2026

7 February 2026
LIVEMarkets rolling coverageStarted: February 7, 2026, 12:00 AM ESTUpdated: February 7, 2026, 12:27 AM EST Dollar Dips as Stocks Rally and US Data Influences Fed Rate Expectations February 7, 2026, 12:18 AM EST. The **dollar index** fell 0.17%, pressured by a rebound in equity markets reducing demand for the safe-haven currency. Weaker-than-expected U.S. labor market data raised the odds of a Fed rate cut to 18% for March, though consumer sentiment improved to a six-month high, limiting losses. Hawkish comments from Atlanta Fed's Raphael Bostic emphasized maintaining restrictive monetary policy. The dollar faces medium-term weakness amid expectations for rate cuts
Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
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