Capital One, American Express, Visa Sink on Trump Credit-Card Threat | Stock Movers
January 12, 2026
397
1
0.25%
Search the Record
IndexedEvery word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
Bloomberg Podcasts Episodes Around January 12, 2026
See what was published immediately before and after this episode.
6:03Now PlayingCapital One, American Express, Visa Sink on Trump Credit-Card Threat | Stock Movers
YouTube Description
as posted by the channelOn this episode of Stock Movers:
- Capital One (COF), American Express (AMEX), Visa (V), along with shares of other US banks sank after President Donald Trump called on credit-card companies to cap interest rates at 10% for a year, a move that could wipe out billions in profits for one of the banking industry’s biggest businesses. Capital One, the largest US card issuer, tumbled as much as 8.2% in New York, the biggest intraday decline in nine months, after the president surprised the industry with a move he said could go into effect next week. American Express dropped 4.2% and JPMorgan Chase & Co., No. 2 in the card rankings, dropped 1.6%. Card interest rates, which have been hovering above 20% in recent years, have been a target of US lawmakers on both sides of the aisle, with bills popping up proposing similar caps and meeting stiff resistance from the industry. Trump, speaking Sunday to reporters, set a Jan. 20 deadline for companies to comply or risk being “in violation of the law.”
See omnystudio.com/listener () for privacy information.
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.
Check out more episodes of Stock Movers
Follow Bloomberg Podcasts on Twitter
Visit our other YouTube channels:
Bloomberg Television
Bloomberg Originals
For coverage on news, markets and more
#Stocks #Markets #Finance #Investing #Podcast #Bloomberg
Capital One, American Express, Visa Sink on Trump Credit-Card Threat
Guests & Subjects Covered
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.