Trump's 10% Credit Card Rate Cap Shakes Banking Stocks
Financial stocks plunge as Trump proposes 10% credit card interest rate cap. Banks and card issuers face potential profitability concerns under new affordability measure.
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#Trump Trade↓
Trump’s New Housing Strategy: Using Fannie and Freddie’s Cash to Lower Monthly Payments
President Trump instructs agencies to buy $200 billion in mortgage bonds, aiming to lower interest rates and make home ownership more affordable for Americans.
Trump Meets Intel CEO to Discuss Chip Manufacturing Progress
President Trump and Intel CEO Lip-Bu Tan discussed the company's new processor line and government investment in American chip manufacturing at White House meeting.
Trump Calls for $1.5 Trillion Defense Budget Hike, Claims Tariffs Will Cover Costs
President Trump proposes 50% increase in US military spending to $1.5 trillion by 2027, citing tariff revenue as funding source despite budget concerns.
Trump Bans Defense Contractor Dividends and Stock Buybacks
Defense stocks fall as Trump prohibits dividends and buybacks, caps executive pay at $5M, demanding contractors invest in equipment instead.
Trump's Single-Family Home Ban Hits Wall Street Investors Hard
President Trump's proposed ban on institutional investors buying single-family homes sends Blackstone and Invitation Homes stocks plummeting, sparking debate about market impact.