The U.S. Commerce Department said on Friday it has withdrawn a plan to impose restrictions on Chinese drones to address national security concerns after an earlier crackdown on passenger cars and trucks.

US Withdraws Chinese Drone Restrictions Ahead of Trump-Xi April Meeting

US and allied forces have carried out large scale airstrikes against the Islamic State group across Syria following a deadly attack in Palmyra that killed two US soldiers and a US civilian interpreter. The US military said the strikes were part of Operation Hawkeye Strike, launched in direct response to the December attack on American and Syrian forces. The operation targeted ISIS positions throughout Syria as Washington and its partners continue efforts to prevent the militant group from regrouping despite the collapse of its territorial control.

US launches Strikes Against I-S in Syria | Syria Kurdish Fighters Withdraw From Aleppo

As the Fed continues to cut rates, corporates are becoming more enamoured with swapping from paying fixed to paying floating rates, to get exposure to the rate-cutting process. Should the Fed morph ultra-dovish, all the better, it seems. But how could that outcome evolve? And what then?

Will The FED Morph Into ' MAGA Dovish' Group? How Could That Outcome Evolve?

Iran would target US military and shipping interests if the United States launched a new attack amid the ongoing protests, the Parliament speaker said on Sunday.

“In the event of a military attack by the United States, both the occupied territory and centres of the US military and shipping will be our legitimate targets,” Mohammad Bagher Ghalibaf told parliament in comments broadcast by state TV, apparently also referring to Israel, which the Islamic republic does not recognise and considers occupied Palestinian territory.

Iran Protests: Iranian Speaker Says Will Target US Military, Shipping If Attacked

Tehran threatened on Sunday to retaliate against Israel and U.S. military bases in the event of U.S. strikes on Iran, issuing the warning as Israeli sources said Israel was on high alert for the possibility of any U.S. intervention.

What's The Possibility of US Intervention in Iran

US President Donald Trump on Friday (Jan 9), while addressing the media, wore a tiny lapel pin of himself dubbed as "Happy Trump" but insisted he’s "never happy." The US president said that he was gifted this pin, though he did not reveal who gave him the pin. Trump was addressing the media after his meeting with the oil executives discussing future US control of Venezuela's energy industry. Trump also claimed that Venezuelans have named a street after him. Claiming that this sort of thing has not happened before, Trump hinted that the people of Venezuela are rejoicing after the ouster of Nicolas Maduro.&nbsp;“Somebody gave me this. Do you know what that is? That's called a Happy Trump,” the president said when a reporter asked about the accessory during an event in the White House East Room. “The people of Venezuela are going wild over this. They named a street after President Trump. What do you do, you attack a country and they name a street after you? That has never happened before," he said.

<blockquote class="twitter-tweet" data-media-max-width="560">“That’s what a HAPPY TRUMP looks like” 🤣 President Trump gets a question about his special pin. Honestly, how does anyone hate this guy? The man is comedy gold 🇺🇸 <a href="https://t.co/n6SarMF3OD">pic.twitter.com/n6SarMF3OD</a>&mdash; Digital Gal (@DigitalGalX) <a href="https://twitter.com/DigitalGalX/status/2009737311706075553?ref_src=twsrc%5Etfw">January 9, 2026</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

Also Read: <a href="https://www.wionews.com/world/julian-assange-venezuela-s-machado-and-nobel-peace-prize-why-wikileaks-founder-filed-criminal-complaint-1766030037012">Julian Assange, Venezuela's Machado and Nobel peace prize: Why WikiLeaks founder filed criminal complaint?</a>&nbsp;Meanwhile, Venezuela's new leadership said that it launched talks with the United States on restoring diplomatic ties. Officials said US diplomats were in Caracas to discuss reopening the US embassy. "The government of interim President Delcy Rodriguez has decided to initiate an exploratory diplomatic process with the government of the United States of America, aimed at re-establishing diplomatic missions in both countries," Foreign Minister Yvan Gil said in a statement. This comes after Trump claimed that he is “in charge” of the country and that he had called off a second wave of attacks on Venezuela due to the prisoner releases. The US president had suggested he might use force again to get his way in Venezuela.&nbsp;Also Read: <a href="https://www.wionews.com/world/-exercise-extreme-caution-india-breaks-silence-after-us-captures-venezuela-president-nicolas-maduro-1767491349809">'Exercise extreme caution': India breaks silence after US captures Venezuela President Nicolas Maduro</a>

US President Donald Trump flaunted a “Happy Trump” lapel pin while claiming he’s “never happy,” saying Venezuelans even named a street after him after Nicolas Maduro’s ouster. As Trump hinted at force, Venezuela’s new leadership began talks to restore US ties.

US President Donald Trump on Friday (Jan 9), while addressing the media, wore a tiny lapel pin of himself dubbed as "Happy Trump" but insisted he’s "never happy." The US president said that he was gifted this pin, though he did not reveal who gave him the pin. Trump was addressing the media after his meeting with the oil executives discussing future US control of Venezuela's energy industry. Trump also claimed that Venezuelans have named a street after him. Claiming that this sort of thing has not happened before, Trump hinted that the people of Venezuela are rejoicing after the ouster of Nicolas Maduro. “Somebody gave me this. Do you know what that is? That's called a Happy Trump,” the president said when a reporter asked about the accessory during an event in the White House East Room. “The people of Venezuela are going wild over this. They named a street after President Trump. What do you do, you attack a country and they name a street after you? That has never happened before," he said.

US President Donald Trump flaunted a “Happy Trump” lapel pin while claiming he’s “never happy.” He said Venezuelans even named a street after him after Nicolas Maduro’s ouster. As Trump hinted at force, Venezuela’s new leadership began talks to restore US ties.

US President wears 'happy Trump’ lapel pin but says he's 'never happy' - WATCH

President Trump warns that the US must acquire Greenland to prevent Russia and China from occupying the Arctic. He says Washington will act the 'hard way' if a deal with Denmark is not reached.

President Trump warns that the US must acquire Greenland to prevent Russia and China from occupying the Arctic. He says Washington will act the 'hard way' if a deal with Denmark is not reached.

'Russia or China will occupy Greenland': Trump warns if the US does nothing

Americans in Venezuela should “leave the country immediately” as armed militias hunt for Trump fans, authorities have urged.


Americans at Risk as Armed Militias Search for US Citizens in Venezuela 

 Alert After Reports of Gangs Looking for Americans in Venezuela 

The U.S. needs to own Greenland to ​prevent Russia or China from occupying it ‌in the future, President Donald Trump ​said. 


Trump: Need to Prevent Russia or China from Occupying Greenland 

The US successfully captured Venezuelan President Maduro in January 2026 through Operation Absolute Resolve. Whether similar methods could work in Greenland faces major obstacles: NATO protection, international law, and logistical challenges not present in Venezuela.

The US successfully captured Venezuelan President Maduro in January 2026 through Operation Absolute Resolve. Whether similar methods could work in Greenland faces major obstacles: NATO protection, international law, and logistical challenges not present in Venezuela.

Could the US "Venezuela-style" operation happen in Greenland?

The Norwegian Nobel Committee stated that a Peace Prize can not be "shared, revoked and transferred once it is awarded to someone. The clarification comes days after Nobel Laureate and Venezuelan opposition figure María Corina Machado said she wants to give the Nobel Peace Prize to United States President Donald Trump. &nbsp;"A Nobel Prize can neither be revoked, shared, nor transferred to others. Once the announcement has been made, the decision stands for all time," the Nobel Committee's statement read. The Nobel Institute further clarified that the Nobel Laureate can only share the prize money with whoever they want, but the Nobel Peace Prize cannot be transferred or shared with another person. "As a matter of principle, the Norwegian Nobel Committee will not comment upon what the Peace Prize Laureates may say and do after they have been awarded the prize," adding that "This does not prevent the Committee from following the future endeavours of laureates closely, even though it expresses neither its concerns nor its acclamation," it asserted. Trump, on several occasions, declared himself as the most suitable candidate for the Nobel Peace Prize for his efforts to stop multiple wars in the world and for the "Abraham Accords" he brokered during his first term in White House. The US president, who refers to himself as 'president of peace', went lengths to get himself the prestigious award by alleging bias against him and securing multiple nominations from leaders of several countries. Sports body FIFA and countries like Israel instituted a new peace prize to fulfil Trump's deep desire to get the Nobel Peace Prize. However, his efforts went to vain as it seems the Norwegian Nobel committee is not considering him for the award.&nbsp;Also Read: <a href="https://www.wionews.com/world/iran-vows-crackdown-on-protests-issues-death-penalty-warning-with-enemies-of-god-charge-1768060851170">Iran vows crackdown on protests, issues death penalty warning with ‘Enemies of God’ charge</a>&nbsp;On Saturday, the US President said he will discuss Machado’s offer to give him her Nobel Peace Prize when she visits the United States next week. Machado’s visit comes at a time of high tensions between the United States and Venezuela, after the US military, in an operation, captured former Venezuelan President Nicolás Maduro and Trump's subsequent claims over control of the country’s vast oil reserves.&nbsp;María Corina Machado was awarded the Nobel Peace Prize in 2025 for her work promoting democratic rights and a peaceful transition in Venezuela.&nbsp;

The Norwegian Nobel Committee's statement comes after peace prize winner María Corina Machado offered to share her prize with Donald Trump. 

The Norwegian Nobel Committee stated that a Peace Prize can not be "shared, revoked and transferred once it is awarded to someone. The clarification comes days after Nobel Laureate and Venezuelan opposition figure María Corina Machado said she wants to give the Nobel Peace Prize to United States President Donald Trump. "A Nobel Prize can neither be revoked, shared, nor transferred to others. Once the announcement has been made, the decision stands for all time," the Nobel Committee's statement read. The Nobel Institute further clarified that the Nobel Laureate can only share the prize money with whoever they want, but the Nobel Peace Prize cannot be transferred or shared with another person. "As a matter of principle, the Norwegian Nobel Committee will not comment upon what the Peace Prize Laureates may say and do after they have been awarded the prize," adding that "This does not prevent the Committee from following the future endeavours of laureates closely, even though it expresses neither its concerns nor its acclamation," it asserted. Trump, on several occasions, declared himself as the most suitable candidate for the Nobel Peace Prize for his efforts to stop multiple wars in the world and for the "Abraham Accords" he brokered during his first term in White House. The US president, who refers to himself as 'president of peace', went lengths to get himself the prestigious award by alleging bias against him and securing multiple nominations from leaders of several countries. Sports body FIFA and countries like Israel instituted a new peace prize to fulfil Trump's deep desire to get the Nobel Peace Prize. However, his efforts went to vain as it seems the Norwegian Nobel committee is not considering him for the award. Also Read: Iran vows crackdown on protests, issues death penalty warning with ‘Enemies of God’ charge On Saturday, the US President said he will discuss Machado’s offer to give him her Nobel Peace Prize when she visits the United States next week. Machado’s visit comes at a time of high tensions between the United States and Venezuela, after the US military, in an operation, captured former Venezuelan President Nicolás Maduro and Trump's subsequent claims over control of the country’s vast oil reserves. María Corina Machado was awarded the Nobel Peace Prize in 2025 for her work promoting democratic rights and a peaceful transition in Venezuela.

The Norwegian Nobel Committee's statement comes after peace prize winner María Corina Machado offered to share her prize with Donald Trump.&nbsp;

Nobel Prize cannot be shared or transferred: Committee after Machado’s offer to give her award to Trump

The current debate echoes earlier eras when the United States expanded its territory through negotiated purchases, events that profoundly shaped the nation’s map.

The current debate echoes earlier eras when the United States expanded its territory through negotiated purchases, events that profoundly shaped the nation’s map. &nbsp;

Louisiana, California, Alaska and more: Top 8 territorial purchases made by the United States

President Trump again threatened on Friday to forcibly annex Greenland, saying that he was “going to do something on Greenland, whether they like it or not.”

Trump Says He is Prepared to Acquire Greenland the Hard Way Before Russia or China

US President Donald Trump shared some unsolicited medical advice online for pregnant women and children. He posted lengthy rants on his social media platform, Truth Social, on vaccines and Tylenol use. Even though neither the President nor his Health and Human Services Secretary, Robert F. Kennedy Jr, had any previous experience in medicine or healthcare services.&nbsp;&nbsp;“Pregnant Women, DON’T USE TYLENOL UNLESS ABSOLUTELY NECESSARY, DON’T GIVE TYLENOL TO YOUR YOUNG CHILD FOR VIRTUALLY ANY REASON, BREAK UP THE MMR SHOT INTO THREE TOTALLY SEPARATE SHOTS (NOT MIXED!), TAKE CHICKEN P SHOT SEPARATELY, TAKE HEPATITAS B SHOT AT 12 YEARS OLD, OR OLDER, AND, IMPORTANTLY, TAKE VACCINE IN 5 SEPARATE MEDICAL VISITS!,” said Trump despite having no experience in medicine. Trump had been raving about Tylenol since the end of 2025, claiming it reportedly causes autism. Medical organisations, including the American College of Obstetricians and Gynaecologists (ACOG), have rejected this claim, stating years of research find no causal link. The CDC is now recommending 11 childhood shots instead of the suggested 17, a major change in US Vaccine policy.<h2>His own health habits undercut him</h2>Trump, in a recent interview with the Wall Street Journal, stated that the. He regularly ignores the prescription of his doctors. Takes four times the prescribed aspirin. He calls exercise futile apart from Golf. Eats a lot of McDonald’s hamburgers and French fries. People were quick to troll him.&nbsp;Social media users trolled him, “I wouldn’t take medical advice from a guy who ignores medical advice from his own physician." Another user commented, “Quiet, piggy,” referencing his reaction to a woman journalist aboard Air Force One.Trump had a terrible history of giving medical advice during the COVID-19 pandemic. He frequently downplayed its severity and said it would "disappear" like a "miracle", and he floated the idea of Americans injecting bleach to cure COVID-19.&nbsp;

Donald Trump faces backlash online after sharing medical advice while admitting he ignores doctors’ recommendations.

US President Donald Trump shared some unsolicited medical advice online for pregnant women and children. He posted lengthy rants on his social media platform, Truth Social, on vaccines and Tylenol use. Even though neither the President nor his Health and Human Services Secretary, Robert F. Kennedy Jr, had any previous experience in medicine or healthcare services. “Pregnant Women, DON’T USE TYLENOL UNLESS ABSOLUTELY NECESSARY, DON’T GIVE TYLENOL TO YOUR YOUNG CHILD FOR VIRTUALLY ANY REASON, BREAK UP THE MMR SHOT INTO THREE TOTALLY SEPARATE SHOTS (NOT MIXED!), TAKE CHICKEN P SHOT SEPARATELY, TAKE HEPATITAS B SHOT AT 12 YEARS OLD, OR OLDER, AND, IMPORTANTLY, TAKE VACCINE IN 5 SEPARATE MEDICAL VISITS!,” said Trump despite having no experience in medicine. Trump had been raving about Tylenol since the end of 2025, claiming it reportedly causes autism. Medical organisations, including the American College of Obstetricians and Gynaecologists (ACOG), have rejected this claim, stating years of research find no causal link. The CDC is now recommending 11 childhood shots instead of the suggested 17, a major change in US Vaccine policy. His own health habits undercut him Trump, in a recent interview with the Wall Street Journal, stated that the. He regularly ignores the prescription of his doctors. Takes four times the prescribed aspirin. He calls exercise futile apart from Golf. Eats a lot of McDonald’s hamburgers and French fries. People were quick to troll him. Social media users trolled him, “I wouldn’t take medical advice from a guy who ignores medical advice from his own physician." Another user commented, “Quiet, piggy,” referencing his reaction to a woman journalist aboard Air Force One. Trump had a terrible history of giving medical advice during the COVID-19 pandemic. He frequently downplayed its severity and said it would "disappear" like a "miracle", and he floated the idea of Americans injecting bleach to cure COVID-19.

Donald Trump sparked backlash after sharing medical advice online, critics pointing out that his own past admission of ignoring doctors’ recommendations undermines his credibility, with many questioning his authority on health-related issues.

‘Raving Lunatic’: Trump's medical advice post backfires as his own health admission draws backlash

U.S. President Donald Trump’s proposed peace plan in the Middle East has hit a roadblock as Hamas refuses to disarm. 


Report: Armed Hamas Officials Return to Streets 

During a White House meeting with US oil industry leaders on Saturday, President Donald Trump reiterated sweeping assertions about his foreign policy record, including his long-repeated claim that he single-handedly prevented a major war between India and Pakistan.

Donald Trump: I Settled India-Pakistan War Without Nuclear Weapons

President Trump again threatened on Friday to forcibly annex Greenland, saying that he was “going to do something on Greenland, whether they like it or not.”


Trump Threatens To Grab Greenland 'Easy' or 'Hard' Way

Israeli Prime Minister Benjamin Netanyahu, in an interview with The Economist, declared that Israel wants to “taper off” reliance on US military aid within a decade. This is the first time an Israeli Prime Minister has discussed not seeking the renewal of the package of $3.8 billion per year. He said the goal is already in progress, and he wants Israel to be as independent as possible. He said that the US aid was “deeply appreciated”, but Israel itself has “come of age”.&nbsp;Netanyahu said that in his most recent visit to the US, he told Trump that Israel “very deeply appreciates the military aid that America has given us over the years. But here too, we've come of age, and we've developed incredible capacities in our economy, which will soon, certainly within a decade, reach about a trillion dollars.” However, he further added that he wants US allegiance and support, wants to remain its ally in the Middle East.Read Also: <a href="https://www.wionews.com/world/x-changes-iran-flag-emoji-lion-and-sun-symbol-protests-1768028484625">Why X changed Iran’s flag emoji to the lion and sun as protests intensify</a>

<blockquote class="twitter-tweet" data-media-max-width="560">Binyamin Netanyahu says he wants to reduce Israel’s reliance on American military aid to zero within ten years. In an interview with The Economist, the Israeli prime minister said while it was “much appreciated”, his country had “come of age” and its economy would soon reach “a… <a href="https://t.co/DCvUY2Z9aJ">pic.twitter.com/DCvUY2Z9aJ</a>&mdash; The Economist (@TheEconomist) <a href="https://twitter.com/TheEconomist/status/2009666613591556500?ref_src=twsrc%5Etfw">January 9, 2026</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

<h2>Top GOP senator calls to end Israeli aid&nbsp;</h2>Responding to the comments of the Israeli Prime Minister Benjamin Netanyahu, Republican Senator Lindsey Graham wrote in a Post on X that there is no need to end “wait ten years”, the US would also like to save billions of dollars in taxpayers' money which could be reinvested in the US army "which is the best in the world and in great demand."In 2016, the US and Israeli governments signed an MoU till September 2028, which provides $38 billion in military aid, $33 billion in grants to buy military equipment and $5 billion for missile defence systems. In the first two years of Israel's genocidal war on Palestine, the United States provided $32 billion in direct military aid covering 70 per cent of Israel's war-related military spending.&nbsp;Read Also: <a href="https://www.wionews.com/world/trump-marco-rubio-handwritten-note-white-house-oil-meeting-1768023165422">Trump reads Rubio’s handwritten note aloud at White House oil executives meeting</a><h2>On the Iran protest and the West Bank annexation</h2>Netanyahu said that these moments inside Iran, where people of Iran are taking control of their “destiny”, he denied any Israeli involvement. He further did not comment on US President Donald Trump's comments. He added that revolutions should come from within. However, if Iran chooses to attack Israel, "there will be horrible consequences for Iran. That's definite. Everything else, I think we should see what is happening inside Iran."When asked about the violence of the West Bank, he chose not to comment. But said that the US President Donald Trump has previously hinted at his willingness to annexation. He further added that Arabian leaders "don't give a hoot" about the Palestinian issue."They care about its effect on the street."&nbsp;

Israeli PM Benjamin Netanyahu says Israel wants to taper off U.S. military aid within a decade, triggering calls from a top GOP senator to end aid sooner.

Israeli Prime Minister Benjamin Netanyahu, in an interview with The Economist, declared that Israel wants to “taper off” reliance on US military aid within a decade. This is the first time an Israeli Prime Minister has discussed not seeking the renewal of the package of $3.8 billion per year. He said the goal is already in progress, and he wants Israel to be as independent as possible. He said that the US aid was “deeply appreciated”, but Israel itself has “come of age”. Netanyahu said that in his most recent visit to the US, he told Trump that Israel “very deeply appreciates the military aid that America has given us over the years. But here too, we've come of age, and we've developed incredible capacities in our economy, which will soon, certainly within a decade, reach about a trillion dollars.” However, he further added that he wants US allegiance and support, wants to remain its ally in the Middle East. Read Also: Why X changed Iran’s flag emoji to the lion and sun as protests intensify

Israeli PM Benjamin Netanyahu says Israel wants to taper off U.S. military aid within a decade, triggering calls from a top GOP senator to end aid sooner.

Netanyahu says Israel may end reliance on US military aid within a decade

United States President Donald Trump on Friday (Jan 10) said that his administration will no longer let the American public be "ripped off" by credit card companies that charge 20 to 30 per cent interest rates. He called for a one-year cap of 10 per cent. While this may read like a great idea, here's why the POTUS attempting to dictate market forces could actually be a "mistake" that Americans would end up paying for.<h3>Trump's 'anniversary gift'?</h3>In a post on Truth Social, Trump said that the cap would take effect on January 20, 2026, exactly one year after he returned to office. This effectively makes the credit card interest cap an "anniversary gift" to the American public.Also read | <a href="https://www.wionews.com/world/trump-says-won-t-let-americans-be-ripped-off-offers-relief-from-20-30-credit-card-interest-rates-1768023567271">Trump says won't let Americans be 'ripped off,' offers relief from 20-30% credit card interest rates</a>"Effective January 20, 2026, I, as President of the United States, am calling for a one-year cap on Credit Card Interest Rates of 10%," Trump wrote. He said the date would coincide with what he called the "historic and very successful" first year of his administration.<h2>Dangerous waters ahead</h2>On X, Brian Krassenstein, an anti-Trump influencer and podcaster, pointed out that “what this will do is force the credit card companies to drop all the people who have bad credit and only provide credit to those who have good and excellent credit.”

<blockquote class="twitter-tweet">Newsflash: you can’t announce this. You need an act of Congress for this to take place. Moreover, what this will do is force the credit card companies to drop all the people who have bad credit and only provide credit to those who have good and excellent credit.— Brian Krassenstein (@krassenstein) <a href="https://twitter.com/krassenstein/status/2009806466379817178?ref_src=twsrc%5Etfw">January 10, 2026</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

Billionaire investor Bill Ackman, who had endorsed Trump during the 2024 presidential elections also publicly criticised the proposal, warning it was a "mistake".&nbsp;

<blockquote class="twitter-tweet">This is a mistake President <a href="https://twitter.com/realDonaldTrump?ref_src=twsrc%5Etfw">@realDonaldTrump</a>. Without being able to charge rates adequate enough to cover losses and to earn an adequate return on equity, credit card lenders will cancel cards for millions of consumers who will have to turn to loan sharks for credit at rates… <a href="https://t.co/d0yvkGzSZ4">https://t.co/d0yvkGzSZ4</a>— Bill Ackman (@BillAckman) <a href="https://twitter.com/BillAckman/status/2009812485302264099?ref_src=twsrc%5Etfw">January 10, 2026</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

<h2>How can the proposal hurt Americans</h2>As Krassenstein stated, capping the credit rate interest rates could lead to companies denying credit to Americans with bad credit scores, as a safeguard against losing money.Also read | <a href="https://www.wionews.com/trending/shot-dying-then-insulted-disturbing-video-shows-ice-agent-mutter-crude-slur-after-killing-renee-nicole-good-fucking-bitch-jonathan-ross-1768018859463">Shocking video shows ICE agent spit crude slur after killing Renee Good | Watch</a>This could push people to seeking loans from other sources, including "loan sharks" notorious for offering unregulated, usually sky-high interest rates, and dubious terms as pointed out by Ackman: "Without being able to charge rates adequate enough to cover losses and to earn an adequate return on equity, credit card lenders will cancel cards for millions of consumers who will have to turn to loan sharks for credit at rates higher than and on terms inferior to what they previously paid."According to the Washington-based Bank Policy Institute (BPI), "as many as two-thirds" of cardholders who regularly use credit cards for borrowing by rolling over a portion of their balance from month to month could face adverse effects. This, as per the institute, translates to "14.3 million individuals and families".<h2>Possible ways banks might respond to the interest rate cap</h2>As per BPI, there are a number of steps banks might take to safeguard themselves.- They could deny credit lines to people with bad credit scores.- Banks could reduce credit limits and raise the minimum payment required.- They could seek to reduce costs by engaging in less marketing and promotional activity, "including by eliminating or curtailing zero-interest or low-rate promotional offers".- For consumers whose pre-existing rates exceed the cap only marginally, banks might reduce interest rates to comply with the cap. Nevertheless, Banks' willingness depends on their credit card activities' current profitability.<h2>Can Trump implement this unilaterally without the US Congress?</h2>Trump did not outline how the cap would be implemented or whether it would require congressional approval. Still, he argued that the intent was clear. "Please be informed that 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", he said, casting the move as part of a broader affordability push.However, Trump cannot implement the cap unilaterally. To do it formally would require congressional legislation. His announcement, for now, is more of a proposal or call for action, and not an immediate executive order.&nbsp;

US President Donald Trump’s proposed 10% cap on credit card interest sounds consumer-friendly, but critics warn it could backfire. Here's how.

United States President Donald Trump on Friday (Jan 10) said that his administration will no longer let the American public be "ripped off" by credit card companies that charge 20 to 30 per cent interest rates. He called for a one-year cap of 10 per cent. While this may read like a great idea, here's why the POTUS attempting to dictate market forces could actually be a "mistake" that Americans would end up paying for. Trump's 'anniversary gift'? In a post on Truth Social, Trump said that the cap would take effect on January 20, 2026, exactly one year after he returned to office. This effectively makes the credit card interest cap an "anniversary gift" to the American public. Also read | Trump says won't let Americans be 'ripped off,' offers relief from 20-30% credit card interest rates "Effective January 20, 2026, I, as President of the United States, am calling for a one-year cap on Credit Card Interest Rates of 10%," Trump wrote. He said the date would coincide with what he called the "historic and very successful" first year of his administration. Dangerous waters ahead On X, Brian Krassenstein, an anti-Trump influencer and podcaster, pointed out that “what this will do is force the credit card companies to drop all the people who have bad credit and only provide credit to those who have good and excellent credit.”

US President Donald Trump’s proposed 10% cap on credit card interest sounds consumer-friendly, but critics warn it could backfire. Here's how.

Dangerous waters: How Trump's 10% credit card interest rate cap can turn into a gift for 'loan sharks'

Trump's Peace Plan Stalls as Hamas Refuses to Disarm

Europe should take Donald Trump "seriously" on the issue of Greenland, warned US Vice President JD Vance, as Trump's advisers met with envoys from Denmark and Greenland.

Vance Warns Europe: Take US President Seriously on Greenland

United States President Donald Trump has called for a one-year cap of 10 per cent, vowing that his administration will no longer let the American public be "ripped off" by credit card companies that charge 20 to 30 per cent interest rates.<h2>Trump's 'anniversary gift' to the American public?</h2>In a post on Truth Social, Trump said that the cap would take effect on January 20, 2026, exactly one year after he returned to office. This effectively makes the credit card interest cap an "anniversary gift" to the American public. The announcement happens to be the fulfilment of a key campaign promise made during the 2024 presidential race, one that critics had repeatedly accused him of shelving during much of his first term.Also read | <a href="https://www.wionews.com/business-economy/dangerous-waters-how-trump-s-10-credit-card-interest-rate-cap-can-turn-into-a-gift-for-loan-sharks-1768033556399">Dangerous waters: Trump's 10% credit card interest rate cap and ‘loan sharks’</a>"Effective January 20, 2026, I, as President of the United States, am calling for a one-year cap on Credit Card Interest Rates of 10%," Trump wrote. He said the date would coincide with what he called the "historic and very successful" first year of his administration.The president also took aim at his predecessor, Joe Biden, blaming him for allowing high interest rates. The high interest rates "festered unimpeded during the Sleepy Joe Biden Administration," he claimed.

<h2>Can Trump implement this unilaterally without the US Congress?</h2>Trump did not outline how the cap would be implemented or whether it would require congressional approval. Still, he argued that the intent was clear. "Please be informed that 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", he said, casting the move as part of a broader affordability push.However, Trump cannot implement the cap unilaterally. To do it formally would require congressional legislation. His announcement, for now, is more of a proposal or call for action, and not an immediate executive order.Also read | <a href="https://www.wionews.com/trending/trump-beware-denmark-soldiers-will-shoot-first-ask-questions-later-if-us-tries-to-invade-greenland-1767862463458">Trump Beware! Denmark soldiers will 'shoot first, ask questions later' if US tries to invade Greenland</a><h2>Reactions to Trump's credit cap announcement</h2>On X, the official White House account reposted the Truth Social message with the caption "HUGE: President Donald J. Trump announces a one-year cap on Credit Card Interest Rates of 10% effective January 20, 2026."&nbsp;

<blockquote class="twitter-tweet">HUGE: President Donald J. Trump announces a one year cap on Credit Card Interest Rates of 10% effective January 20, 2026. 💸 <a href="https://t.co/WKJ4Fk4SnC">pic.twitter.com/WKJ4Fk4SnC</a>&mdash; The White House (@WhiteHouse) <a href="https://twitter.com/WhiteHouse/status/2009799629442035968?ref_src=twsrc%5Etfw">January 10, 2026</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

The announcement triggered swift reactions with many celebrating the interest rate cap, however other raised concern about the POTUS attempt to control market forces. "what this will do is force the credit card companies to drop all the people who have bad credit and only provide credit to those who have good and excellent credit," pointed out Brian Krassenstein, an anti-Trump influencer and podcaster. Similarly, not all of Trump’s allies were impressed. Billionaire investor Bill Ackman who had endorsed Trump during the 2024 presidential elections, publicly criticised the proposal, warning it was a "mistake". He argued that limiting rates would push lenders to cancel cards for higher-risk consumers, potentially driving them toward "loan sharks".Also read | <a href="https://www.wionews.com/world/trump-says-venezuela-open-for-business-but-big-oil-isn-t-convinced-uninvestable-says-exxon-1768015196739">Trump makes bold Venezuela oil play, but Exxon says 'uninvestable' | Deets here</a> &nbsp;

Donald Trump has called for a cap of 10 per cent on credit card interest, pitching it as an anniversary gift to Americans fed up with high rates. All you need to know.

United States President Donald Trump has called for a one-year cap of 10 per cent, vowing that his administration will no longer let the American public be "ripped off" by credit card companies that charge 20 to 30 per cent interest rates. Trump's 'anniversary gift' to the American public? In a post on Truth Social, Trump said that the cap would take effect on January 20, 2026, exactly one year after he returned to office. This effectively makes the credit card interest cap an "anniversary gift" to the American public. The announcement happens to be the fulfilment of a key campaign promise made during the 2024 presidential race, one that critics had repeatedly accused him of shelving during much of his first term. Also read | Dangerous waters: Trump's 10% credit card interest rate cap and ‘loan sharks’ "Effective January 20, 2026, I, as President of the United States, am calling for a one-year cap on Credit Card Interest Rates of 10%," Trump wrote. He said the date would coincide with what he called the "historic and very successful" first year of his administration. The president also took aim at his predecessor, Joe Biden, blaming him for allowing high interest rates. The high interest rates "festered unimpeded during the Sleepy Joe Biden Administration," he claimed.

Donald Trump has called for a cap of 10 per cent on credit card interest, pitching it as an anniversary gift to Americans fed up with high rates. All you need to know.

Trump says won't let Americans be 'ripped off,' offers relief from 20-30% credit card interest rates

Big oil executives met with president trump at the white house on friday to discuss investment plans in venezuela. While some of their investors are more apprehensive, others are enthusiastic about the country's commercial possibilities.

Big Oil Concern on Venezuela: Once Bitten, Twice Shy

During the meeting at the White House with oil and gas executives on January 9, a handwritten note was passed to US President Donald Trump by US Secretary of State Marco Rubio. Trump, who was asking Ryan Lance of ConocoPhillips to speak, said, "Marco just gave me a note," opened the note and read it out loud, “go back to Chevron”. &nbsp;Vice President JD Vance looked at him with confusion."They want to discuss something. Go back to Chevron." Trump continued. Both Vance and Rubio were smiling at each side of Trump, "Go ahead, I'm going back to Chevron," and Trump placed the note on the table. He then petted Rubio and said, “Thank you, Marco”.&nbsp;"Was there a question, Mr President?" someone asked off camera. Trump then picked up the note again, "Yes, go ahead," before asking, "Marco, what was the, what are you saying here?"&nbsp;Read Also: <a href="https://www.wionews.com/world/us-considers-paying-greenland-residents-annexation-denmark-1767946987104">US may offer $100,000 to each Greenland resident in a bid to take over the island</a>

<blockquote class="twitter-tweet" data-media-max-width="560">Marco Rubio hands Trump a note that was meant to be private and then Trump reads it aloud <a href="https://t.co/IwJdl5CsF8">pic.twitter.com/IwJdl5CsF8</a>&mdash; Aaron Rupar (@atrupar) <a href="https://twitter.com/atrupar/status/2009727261855900129?ref_src=twsrc%5Etfw">January 9, 2026</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

Read Also: <a href="https://www.wionews.com/world/renee-nicole-good-ice-shooting-minnesota-protests-merchandise-1767942504583">Hours after Renee Nicole Good's death in ICE shooting, merchandise appears online</a>Secretary of Energy Chris Wright then asked Mark Nelson to share an update from the company. As Nelson spoke, Rubio took the note back and folded it up before tucking it away.Rubio reportedly made headlines in October 2025 when he passed a note to him in front of the conservative influencers and the press. The note, which was pictured by the reporters, shows Rubio urging Trump to "approve" a social media post about a possible agreement about a ceasefire between Israel and Hamas, suggesting Trump hadn't written the post himself. &nbsp;“You need to approve a Truth Social post soon so you can announce the deal first.”&nbsp;Trump said that a note was handed over to him by the Secretary of State Marco Rubio, which suggested that a ceasefire was close between Israel and Hamas. "Although I’m very well represented by our secretary of state. He could probably do an even better job than me, but who knows,” said Trump.&nbsp;

Donald Trump read out a handwritten note from Secretary of State Marco Rubio during a White House meeting with oil executives, leaving JD Vance puzzled.

During the meeting at the White House with oil and gas executives on January 9, a handwritten note was passed to US President Donald Trump by US Secretary of State Marco Rubio. Trump, who was asking Ryan Lance of ConocoPhillips to speak, said, "Marco just gave me a note," opened the note and read it out loud, “go back to Chevron”. Vice President JD Vance looked at him with confusion. "They want to discuss something. Go back to Chevron." Trump continued. Both Vance and Rubio were smiling at each side of Trump, "Go ahead, I'm going back to Chevron," and Trump placed the note on the table. He then petted Rubio and said, “Thank you, Marco”. "Was there a question, Mr President?" someone asked off camera. Trump then picked up the note again, "Yes, go ahead," before asking, "Marco, what was the, what are you saying here?" Read Also: US may offer $100,000 to each Greenland resident in a bid to take over the island

Donald Trump read out a handwritten note from Secretary of State Marco Rubio during a White House meeting with oil executives, leaving JD Vance puzzled.

Trump reads Rubio’s handwritten note aloud at White House oil executives meeting

In yet another gaffe, US President Donald Trump posted unpublished jobs data on truth social a day before its official release. Bloomberg reported that market watchers were circulating the president’s post on social media, following the publication of the numbers. They noted that the president shares some part of the data early.

Trump's Post on Thursday Shows Jobs Data Due on Friday 

During a White House meeting with US oil industry leaders on Saturday, President Donald Trump reiterated sweeping assertions about his foreign policy record, including his long-repeated claim that he single-handedly prevented a major war between India and Pakistan.


Donald Trump Threatens to Grab Greenland 'Easy' or 'Hard' Way

U.S. President Donald Trump met with executives from some of the world's largest oil companies at the White House on Friday to discuss Venezuela, saying he wants them to invest $100 billion in the country to vastly expand its production.

Venezuela Oil Crisis: US Oil Firms Juggle Venezuela Opportunity

US President Donald Trump on Friday (Jan 9) met with top American oil executives, urging them to pour money into Venezuela's vast oil reserves, pitching the country as 'open for business' after the dramatic capture of president Nicolas Maduro. However, the response from the industry was cautious at best, with one top executive commenting that Venezuela was "uninvestable".<h2>Was a deal reached?</h2>After the vital meeting, Trump claimed that big oil companies were prepared to invest "at least 100 Billion Dollars" though he offered no details. However, reports suggest otherwise. Despite Trump's assurance that companies will have "total security," his pitch was met with scepticism.&nbsp;Also read | <a href="https://www.wionews.com/world/-deal-with-us-directly-trump-in-meeting-with-oil-executives-claims-us-not-venezuela-will-make-decisions-on-caracas-vast-reserves-1768010458229">Trump tells oil executives US will make decisions on Venezuela's vast reserves</a>According to AFP, Darren Woods, the chief executive of ExxonMobil, bluntly questioned the premise. "We've had our assets seized there twice," he said. "And so, you can imagine, to re-enter a third time would require some pretty significant changes.""If we look at the legal and commercial constructs and frameworks in place today in Venezuela -- today, it's uninvestable," he added.Trump argued that foreign firms had been exposed and unprotected under Maduro’s rule, but claimed that had now changed. "Now you have total security," he told the room. "It's a whole different Venezuela". He insisted that oil companies would "deal with us directly."<h2>Who was in attendance?</h2>Alongside Trump, in attendance were Vice President JD Vance, Secretary of State Marco Rubio and Energy Secretary Chris Wright. They met with executives from Chevron, ExxonMobil, ConocoPhillips, Halliburton, Shell, Valero, Marathon, Trafigura, Vitol Americas and Repsol, among others.A ConocoPhillips spokesperson said CEO Ryan Lance welcomed discussions about making Venezuela "investment ready," but stopped short of any commitments.Also read | <a href="https://www.wionews.com/india-news/india-lost-a-major-trade-deal-because-of-no-call-from-modi-says-trump-aide-lutnick-1767944914723">India lost a major trade deal with US because of ‘no call from Modi’, says Trump aide Lutnick</a>Energy analysts also warned that Venezuela's headline reserves, estimated at around 300 billion barrels, do not translate into quick or profitable production. Years of neglect, crumbling infrastructure, heavy crude that is costly to extract and lingering political risk all pose serious obstacles."There's lots of talk about the size of the reserves -- 300 billion barrels of proved reserves -- but what's often missing from the conversation is how realistic it is for those to be economically extracted," said Rich Collett White of Carbon Tracker.Following the talks, even Trump's Energy Secretary Chris Wright conceded that rebuilding Venezuela's oil sector would "take time," despite earlier saying Washington could control it "indefinitely".

Donald Trump claimed oil giants were ready to invest $100 billion in Venezuela after Maduro’s capture. However, oil executives pushed back, saying the country was “uninvestable” despite US assurances. All you need to know.

US President Donald Trump on Friday (Jan 9) met with top American oil executives, urging them to pour money into Venezuela's vast oil reserves, pitching the country as 'open for business' after the dramatic capture of president Nicolas Maduro. However, the response from the industry was cautious at best, with one top executive commenting that Venezuela was "uninvestable". Was a deal reached? After the vital meeting, Trump claimed that big oil companies were prepared to invest "at least 100 Billion Dollars" though he offered no details. However, reports suggest otherwise. Despite Trump's assurance that companies will have "total security," his pitch was met with scepticism. Also read | Trump tells oil executives US will make decisions on Venezuela's vast reserves According to AFP, Darren Woods, the chief executive of ExxonMobil, bluntly questioned the premise. "We've had our assets seized there twice," he said. "And so, you can imagine, to re-enter a third time would require some pretty significant changes." "If we look at the legal and commercial constructs and frameworks in place today in Venezuela -- today, it's uninvestable," he added. Trump argued that foreign firms had been exposed and unprotected under Maduro’s rule, but claimed that had now changed. "Now you have total security," he told the room. "It's a whole different Venezuela". He insisted that oil companies would "deal with us directly." Who was in attendance? Alongside Trump, in attendance were Vice President JD Vance, Secretary of State Marco Rubio and Energy Secretary Chris Wright. They met with executives from Chevron, ExxonMobil, ConocoPhillips, Halliburton, Shell, Valero, Marathon, Trafigura, Vitol Americas and Repsol, among others. A ConocoPhillips spokesperson said CEO Ryan Lance welcomed discussions about making Venezuela "investment ready," but stopped short of any commitments. Also read | India lost a major trade deal with US because of ‘no call from Modi’, says Trump aide Lutnick Energy analysts also warned that Venezuela's headline reserves, estimated at around 300 billion barrels, do not translate into quick or profitable production. Years of neglect, crumbling infrastructure, heavy crude that is costly to extract and lingering political risk all pose serious obstacles. "There's lots of talk about the size of the reserves -- 300 billion barrels of proved reserves -- but what's often missing from the conversation is how realistic it is for those to be economically extracted," said Rich Collett White of Carbon Tracker. Following the talks, even Trump's Energy Secretary Chris Wright conceded that rebuilding Venezuela's oil sector would "take time," despite earlier saying Washington could control it "indefinitely".

Donald Trump claimed oil giants were ready to invest $100 billion in Venezuela after Maduro’s capture. However, oil executives pushed back, saying the country was “uninvestable” despite US assurances. All you need to know.

Trump says Venezuela 'open for business,' but big oil isn't convinced; 'Uninvestable' says Exxon

US President Donald Trump on Friday (Jan 9) urged top American oil executives to pour money into Venezuela's vast oil reserves, pitching the country as 'open for business' after the dramatic capture of former president Nicolas Maduro. The response from the industry, however, was cautious at best.<h2>'Deal with us directly'</h2>Speaking at the White House, Trump told executives that the United States, not Caracas, would decide which companies are allowed to operate in Venezuela. "We're going to be making the decision as to which oil companies are going to go in," he said. "(We're) going to cut a deal with the companies".In attendance were Vice President JD Vance, Secretary of State Marco Rubio and Energy Secretary Chris Wright, alongside executives from Chevron, ExxonMobil, ConocoPhillips, Halliburton, Shell, Valero, Marathon, Trafigura, Vitol Americas and Repsol.Also read | <a href="https://www.wionews.com/india-news/india-lost-a-major-trade-deal-because-of-no-call-from-modi-says-trump-aide-lutnick-1767944914723">India lost a major trade deal with US because of ‘no call from Modi’, says Trump aide Lutnick</a>Trump argued that foreign firms had been exposed and unprotected under Maduro’s rule, but claimed that had now changed. "Now you have total security," he told the room. "It's a whole different Venezuela". He insisted that oil companies would "deal with us directly," making it clear that Washington intends to position itself as the gatekeeper to Venezuela's oil wealth, sidelining the oil-rich but cash-starved nation from decisions about exploiting its own resources.<h2>How receptive were the oil executives?</h2>Reports suggest that Trump's pitch was met with scepticism. According to AFP, Darren Woods, the chief executive of ExxonMobil, bluntly questioned the premise. "We've had our assets seized there twice," he said. "And so, you can imagine, to re-enter a third time would require some pretty significant changes."Also read | <a href="https://www.wionews.com/world/-we-are-gonna-start-now-hitting-land-donald-trump-says-us-will-launch-land-strikes-against-drug-cartels-1767929603922">'We are gonna start now hitting land': Donald Trump says US will launch strikes against drug cartels | Watch</a>"If we look at the legal and commercial constructs and frameworks in place today in Venezuela -- today, it's uninvestable," he added.&nbsp;The meeting came less than a week after US forces captured Maduro, an operation Trump has openly linked to control over Venezuela's oil.&nbsp; &nbsp;

Donald Trump urged US oil giants to invest in Venezuela after Maduro’s capture, promising security and saying Washington will decide who drills. Here's what he said.

US President Donald Trump on Friday (Jan 9) urged top American oil executives to pour money into Venezuela's vast oil reserves, pitching the country as 'open for business' after the dramatic capture of former president Nicolas Maduro. The response from the industry, however, was cautious at best. 'Deal with us directly' Speaking at the White House, Trump told executives that the United States, not Caracas, would decide which companies are allowed to operate in Venezuela. "We're going to be making the decision as to which oil companies are going to go in," he said. "(We're) going to cut a deal with the companies". In attendance were Vice President JD Vance, Secretary of State Marco Rubio and Energy Secretary Chris Wright, alongside executives from Chevron, ExxonMobil, ConocoPhillips, Halliburton, Shell, Valero, Marathon, Trafigura, Vitol Americas and Repsol. Also read | India lost a major trade deal with US because of ‘no call from Modi’, says Trump aide Lutnick Trump argued that foreign firms had been exposed and unprotected under Maduro’s rule, but claimed that had now changed. "Now you have total security," he told the room. "It's a whole different Venezuela". He insisted that oil companies would "deal with us directly," making it clear that Washington intends to position itself as the gatekeeper to Venezuela's oil wealth, sidelining the oil-rich but cash-starved nation from decisions about exploiting its own resources. How receptive were the oil executives? Reports suggest that Trump's pitch was met with scepticism. According to AFP, Darren Woods, the chief executive of ExxonMobil, bluntly questioned the premise. "We've had our assets seized there twice," he said. "And so, you can imagine, to re-enter a third time would require some pretty significant changes." Also read | 'We are gonna start now hitting land': Donald Trump says US will launch strikes against drug cartels | Watch "If we look at the legal and commercial constructs and frameworks in place today in Venezuela -- today, it's uninvestable," he added. The meeting came less than a week after US forces captured Maduro, an operation Trump has openly linked to control over Venezuela's oil.

Donald Trump urged US oil giants to invest in Venezuela after Maduro’s capture, promising security and saying Washington will decide who drills. Here's what he said.

'Deal with us directly': Trump tells oil executives US, not Venezuela, will make decisions on Caracas' vast reserves

donald-trump

Donald Trump, News on Donald Trump, stories on Donald Trump, articles on Donald Trump, Donald Trump stories at Wion, Donald Trump news, Donald Trump latest news

donald trump