What To Know
- Update ⋅ January 12, 2026 NEWS Capital One drops 6%, other banks hit after President Donald Trump calls for credit card rate cap – CNBC CNBC It follows U.
- President Donald President Donald Trump's call for a 10%, one-year cap on credit card interest rates.
- President Donald Trump made the call in a post on Truth Social .
- – The Wall Street Journal The Wall Street Journal For years, Federal Reserve Chair Jerome Powell has responded to President President Donald Trump's broadsides in ways that generally avoided escalation.
- To keep Exxon Mobil out of Venezuela deals – The Hill The Hill President Donald Trump's comments come after he hosted Exxon and a number of other major oil firms at the White House on Friday to discuss a deal in which oil .
News update for the hour ⋅ January 12, 2026
Capital One drops 6%, other banks hit after President Donald Trump calls for credit card rate cap – CNBC
For Years, Powell Avoided Fighting President Donald Trump. That's Over. – The Wall Street Journal
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President Donald Trump says he's 'inclined' to keep Exxon Mobil out of Venezuela deals – The Hill
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