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Economic News

Ackman: Trump's 10% Credit Card Rate Cap 'a Mistake'

Details
10 January 2026
U.S. ⁠hedge fund manager Bill Ackman said on Friday that U.S. President Donald Trump's call for a one-year ⁠cap on credit card interest rates ​at 10% starting on Jan. 20 "is a mistake."

Original Source:

https://www.newsmax.com/finance/economy/bill-ackman-donald-trump-credit-card-rate-cap/2026/01/09/id/1241563

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