Bread Financial (BFH) stock slides on Trump’s 10% credit-card rate cap push; what’s next
New York, Jan 12, 2026, 15:08 EST — Regular session Bread Financial Holdings’ shares dropped 10.8% to $71.65 in afternoon trading Monday, hitting a low of $70.06 earlier in the session. The move came after President Donald Trump proposed capping credit card interest rates at 10% for one year, beginning Jan. 20. However, Trump didn’t explain how he would enforce…