President Trump has demanded a 10% cap on credit card interest rates by January 20. Consumer groups, politicians, and bankers remain unclear about the White House’s plans.

The White House has not detailed consequences for non-compliance.

“I don’t have a specific consequence to outline for you but certainly this is an expectation and frankly a demand that the president has made,” White House Press Secretary Karoline Leavitt said.

Researchers estimate Americans could save $100 billion annually if rates are capped. However, banks might lose significant revenue. Shares of major credit card companies have fallen as investors worry about profit impacts. Without a law or executive order, Trump may rely on public pressure to enforce the cap. Some companies, like fintech Bilt, have already announced promotional rate caps.

Supreme Court will hear appeal by maker of popular Roundup weedkiller to block thousands of lawsuits

The Supreme Court has agreed to hear an appeal from agrochemical manufacturer Bayer to block thousands of state lawsuits alleging it failed to warn people its popular weedkiller could cause cancer.

The justices said Friday they’ll consider whether the Environmental Protection Agency’s approval of the Roundup weedkiller without a cancer warning should rule out state court claims. The justices will hear a case from Missouri, where a man developed non-Hodgkin’s lymphoma after spraying Roundup on a community garden. The Trump administration has weighed in on Bayer’s behalf, reversing the Biden administration’s position. Some studies associate Roundup’s key ingredient, glyphosate, with cancer. The EPA has said it’s unlikely to be carcinogenic to humans when used as directed.