Visa stock slides as Trump’s 10% credit-card rate cap talk hits payments names
NEW YORK, January 12, 2026, 13:15 ET — Regular session Shares of Visa Inc dropped Monday, weighed down by investor selling following President Donald Trump’s call to cap credit-card interest rates for one year. By 1:15 p.m. ET, Visa had slipped $5.52, or 1.6%, to $344.25. Mastercard shares fell 1.8%, and American Express dipped 4.2%. The proposal zeroes in on banks and card issuers responsible for setting interest rates, leaving networks like Visa untouched. Still, traders see it as a fresh indication that Washington is ready to intervene in consumer finance, a move that often ripples across the entire payments