Trump calls for 10% cap on credit card rates, how DOJ’s Fed probe could ‘backfire’
Market Catalysts anchor Julie Hyman breaks down the latest market news for January 12, 2026.
President Trump has called for a 10% cap on credit card interest rates. Julie speaks with RBC Capital Markets analyst Gerard Cassidy about the impact of the President’s plan and what to expect from bank earnings
Harvard University professor Jason Furman, who also led the Council of Economic Advisors under President Obama, discusses the Department of Justice’s probe into Fed Chair Jerome Powell and why he thinks that the Fed chair will prevail amid intense scrutiny and pressure. For more Market Catalysts videos, please visit https://finance.yahoo.com/videos/series/market-catalysts/
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