Credit Card Crunch… And Trump’s Powell Probe 1/12/26

Credit card stocks sinking as President Trump calls for a interest rate cap. The details on his plan, how it’s hitting the big banks, and the odds a credit card cap could come to fruition. Plus President Trump’s Powell probe, as the DOJ launches a criminal investigation into the Fed Chair. The renovations coming under scrutiny, and what the probe means for the future of Fed independence. Fast Money Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.