In a move that has been pushed for by lawmakers across the aisle, President Donald Trump on January 9 called for a one-year, 10% cap on credit-card interest rates.

Amid voter concern about the economy and affordability, President Donald Trump announced a new policy: a 10% cap on credit card interest rates for one year.

The head of the nation's most important financial institution has been the target of relentless criticism from President Trump.