Mastercard shares dropped 1.77% in pre-market trading following warnings from the Trump administration regarding a proposed 10% cap on credit card interest rates. This regulatory action places significant downward pressure on the entire payment ecosystem.
- Shares traded at $565.37 in pre-market hours as investors reacted to the growing threat of government intervention.
- The proposed interest rate cap is aimed for implementation by January 20, 2026.
- The action underscores the acute risk Mastercard faces from political scrutiny over interchange fees and consumer lending profitability.