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Elizabeth Warren Says Trump's Unfulfilled 10% Credit Card Rate Promise Has Cost Families $55B: The President Is 'Letting Wall Street Pad Its Profits'

Jul 28, 2026 · 12:14 AM ET· updated 2h ago
Elizabeth Warren Says Trump's Unfulfilled 10% Credit Card Rate Promise Has Cost Families $55B: The President Is 'Letting Wall Street Pad Its Profits'

Sen. Elizabeth Warren says President Donald Trump has cost families $55 billion by delaying the 10% credit card cap.

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Why It Matters

A senator is saying that credit card companies have made extra money because a promised rule limiting interest rates hasn't happened yet. When rules get delayed, it can change how much companies earn and what bills feel like for regular people.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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