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Financials fall as Trump's credit card rate cap plan rattles investors
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., December 10, 2025. REUTERS/Brendan McDermid/File Photo Purchase Licensing Rights, opens new tab
Jan 12 (Reuters) - U.S. financial stocks and UK-listed lenders fell on Monday and weighed on global indexes as President Donald Trump's call for a one-year cap on credit card interest rates threatened a key revenue stream for the industry.
The move amplified concerns over the sector with investors already grappling with interest rate uncertainty and will likely dull the potential benefit from a shift toward value stocks. #StrategyBTCPurchase #DireCryptomedia #Write2Earn $BTC $ETH