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NPR Topics: NewsJan 12, 2026
Trump calls for a 10% cap on credit card interest rates
With credit card interest rates near modern highs, President Trump says he wants to cap the rates for one year.

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Capital One drops 6%, other banks hit after Trump calls for credit card rate cap (CNBC World News)

CNBC World NewsJan 12, 2026
Trump's credit card rate cap plan has unclear path, 'devastating' risks, bank insiders say
A 10% rate cap would make large swaths of the credit card industry unprofitable, especially tied to customers with less-than-ideal credit, banks say.

Int'l Herald TribuneJan 12, 2026
DOJ Charges Luis Nino-Moncada, Who Was Shot by Border Patrol in Portland
Last week's shooting of two Venezuelan immigrants put the city on edge. Federal officials said the man who was shot had repeatedly backed into a Border Patrol car.

NYTimes GlobalJan 11, 2026
Allegiant to Buy Sun Country Airlines in $1.5 Billion Deal
The combination of the two small, budget airlines comes as low-cost carriers have struggled with high costs and competition.
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