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