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Banks Feel Pressure From Trump’s Credit Card Threats

Posted

January 16, 2026

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President Donald Trump's call for a 10% cap on credit card interest rates sent shares of financial firms tumbling as major banks released their earnings. Ximena Aleman, co-CEO and co-founder of Prometeo, discusses the impact of new tech on the financial industry and AI in banking with Ed Ludlow on "Bloomberg Tech."

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President Donald Trump'sXimena AlemanEd LudlowBloomberg TechYouTube WatchCaroline HydeSilicon ValleyFollow Caroline Hyde

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Banks Feel Pressure From Trump’s Credit Card Threats · Bloomberg Technology · Sentinel