Does Trump’s 10% Credit Card Rate Cap Make Visa and Mastercard a Buy?

Pla2na / Shutterstock.com Quick Read Visa (V) and Mastercard (MA) operate as payment networks that earn transaction fees rather than interest income. Their business models insulate them from Trump’s proposed 10% credit card rate cap. Visa and Mastercard could face mixed short-term effects as reduced credit availability might curb transactions but lower rates could boost consumer spending volumes. A recent study identified one single habit that doubled Americans’ retirement savings and moved retiremen ...