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Credit card companies face Canberra scrutiny in early 2026 as Trump calls for US interest rate cap

Editor
14 Jan, 2026
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Warwick Ponder
Editor
14 Jan, 2026
Add us as a preferred source on Google
As the Australian Parliament readies for its first inquiry into credit cards in over a decade, US President Donald Trump has called for a one-year cap on credit card interest rates at 10 per cent.
Credit card companies face Canberra scrutiny in early 2026 as Trump calls for US interest rate cap
New Mastercard Australia boss Paul Monnington (left) is likely to be one of the credit card executives who fronts the economics committee headed

As the Australian Parliament readies for its first inquiry into credit cards in over a decade, US President Donald Trump has called for a one-year cap on credit card interest rates at 10 per cent.

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