Trump is considering a cap on credit card interest rates, causing bank stocks to fall.
In the early trading session of US stocks on Monday, shares of First Capitol, Citigroup, JPMorgan Chase, Bank of America, Visa, Mastercard, and American Express fell; while the "buy now, pay later" platforms Affirm and PayPal rose. This comes after former President Trump called for a yearly credit card interest rate cap of 10% to be maintained for one year.
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