Credit Card Stocks Plummet Following Trump's Fee Cap Proposal

January 12, 2026 - 21:02

Credit card stocks sank early Monday after a proposal from President Trump took aim at the fees these companies charge customers. The suggested cap of 10% on transaction fees has sent shockwaves through the financial sector, raising concerns among investors about the potential impact on profit margins for major credit card companies.

Market analysts reacted swiftly, with many expressing worries that such a cap could lead to a significant reduction in revenue for these firms. The proposal has sparked a heated debate over the balance between consumer protection and corporate profitability. Industry experts predict that if implemented, this fee cap could force credit card companies to rethink their pricing strategies and business models.

Investors have begun to reassess their positions, leading to a noticeable decline in stock prices. As the situation unfolds, stakeholders are closely monitoring any further developments or responses from the credit card companies and financial regulators. The outcome of this proposal could reshape the landscape of the credit card industry for years to come.