Affirm Stock Pulls Back As Markets Digest Trump's Credit Card Rate Proposal

Affirm Holdings Inc (NASDAQ:AFRM) shares are down on Tuesday as investors react to President Donald Trump’s proposal regarding credit card interest rates. Here’s what investors need to know.Affirm Holdings stock is taking a breather. What’s ahead for AFRM stock?Credit Card Rate Cap: A Game Changer?Trump warned credit card issuers that they must lower interest rates to 10% by Jan. 20 or face severe consequences, labeling current rates of 20% to 30% as abusive. This aggressive stance has initially pushed shar ...