Trump touts 10% credit card APR cap and lower mortgage rates in Truth Social posts - here’s what matters for marketers
In a pair of Truth Social posts, President Trump said he’s calling for a one-year, 10% cap on credit card interest rates starting January 20, 2026, and claimed mortgage rates have dropped to 5.7% after directing Fannie Mae and Freddie Mac to buy $200B in mortgage bonds. What’