If you were waiting for your credit card interest rate to plummet to 10% on Jan. 20, don't hold your breath.

The episode may show the limits of President Trump's ability to cajole the financial industry into voluntarily giving up billions of dollars in revenue.

Credit card interest rates are near record highs and President Trump has called for a 10% cap on those rates starting Tuesday.

President Donald Trump has floated the idea of putting a one-year cap on credit card interest rates at 10%. "They've really abused the public," Trump told reporters aboard Air Force One Monday, ...