Promise: Put a temporary cap of 10% on credit card interest rates
Record date: January 29, 2026
Donald Trump promised to put a temporary cap of 10% on credit card interest rates.
The commitment
Put a temporary cap of 10% on credit card interest rates.
Published tracker status: Stalled
The tracker found no completed result and no current path likely to produce one without a major change.
PolitiFact’s update summarized the result this way: “Trump calls for 10% cap, but legislation hasn’t gone anywhere”
What would satisfy the promise?
The relevant test is the outcome described in the commitment—not merely an announcement, executive order, proposal or attempt. A final assessment should identify the action taken, whether it remained in force, who was affected and whether the promised result was delivered at the scale stated.
Why this belongs in the record
Campaign promises are forward-looking claims. Preserving the original commitment beside the later result makes it possible to distinguish action from completion and partial movement from the outcome voters were offered.
Source and attribution
This entry indexes an external promise rating published by PolitiFact. The status is attributed to that tracker and should be revisited if its underlying evidence changes. Read the complete source review.