President Donald Trump is taking direct aim at one of the most hated forces in American life. Credit card companies that bleed families dry with sky high interest rates.

In a post on Truth Social Friday, Trump announced he wants to impose a one year cap limiting credit card interest rates to 10 percent, calling current rates an outright rip off.

“We will no longer let the American Public be ‘ripped off’ by Credit Card Companies that are charging Interest Rates of 20 to 30%, and even more, which festered unimpeded during the Sleepy Joe Biden Administration,” Trump wrote.

For millions of Americans, this hit home immediately. While wages stagnated and inflation crushed household budgets under Biden, credit card companies quietly jacked up rates to levels that would make a loan shark blush. Families trying to pay for groceries, gas, or emergency expenses were punished with compounding interest that never lets up.

Trump’s proposal cuts straight through the nonsense. A temporary cap is not socialism. It is protection. It is common sense. And it is long overdue.

From a faith forward perspective, Scripture is clear about usury and exploiting those in need. Charging desperate families 25 or 30 percent interest is not free market virtue. It is greed hiding behind fine print.

Trump’s message is unmistakable. American families come first. Not Wall Street executives. Not predatory lenders. Not corporate profits built on desperation.

After years of being told there was nothing that could be done, Trump is once again saying the quiet part out loud. The system was rigged. It does not have to be. And if credit card companies do not like it, they can stop gouging the people who keep this country running.

For working Americans crushed by debt, this was not just a policy swipe. It was a promise.