Trump is urging Congress to cap credit card interest rates at 10% for one year, citing the need to help Americans facing cost-of-living challenges. The banking sector warns that such a cap could limit credit access for many consumers.

President Trump proposed a one-year cap on credit card interest rates at 10%, claiming that current rates of 20-30% are unacceptable. However, he lacks the authority to enforce this change without congressional approval. Banks warn that such a cap could harm credit availability for consumers.

President Donald Trump intervened to help resolve a procedural snag in Congress regarding significant cryptocurrency legislation, which could greatly benefit the digital assets sector. A failed vote in the House had previously caused a decline in crypto firm shares, but Trump is now working with lawmakers to ensure the bills move forward.

The article discusses a recent development in which Congress has initiated an investigation that has left former President Trump surprised. The content highlights the implications of this probe and its potential impact on Trump's political future.