US News Today | 2 Min News | The Daily News Now!

President Trump demands credit card companies cap interest rates at 10% by January 20th, reviving a key campaign promise. Legal experts note new legislation from Congress is needed. Banks and Wall Street oppose, arguing it would hurt low-income borrowers. Researchers counter that the industry would remain profitable. Bipartisan lawmakers have bills ready, and a Republican senator is working with Trump on legislation. This fight over credit card rates could significantly impact debt management for millions.

Conservative influencers Nick Sortor and Cam Higby faced a harrowing situation in Minneapolis, detained by police amidst a heated protest over an ICE-related killing. Videos show the chaos as protesters threatened their lives, leading to their detention. The incident underscores the volatile nature of protests and ongoing tensions in Minneapolis.

President Trump calls for 10% interest rate cap on credit cards, sparking debate on feasibility and potential impact on consumers and lenders as January 20th approaches.

Federal prosecutors launch investigation into New York Attorney General Letitia James, focusing on campaign payments to her longtime hairdresser, Marsh, who faces federal charges for bank fraud and identity theft. James lawyer dismisses the probe as politically motivated, while the Justice Department maintains no evidence links her to Marshs crimes. The investigation is ongoing, adding to their long-standing feud.

President Trump is urging American oil companies, particularly ExxonMobil, to invest directly in Venezuelas oil sector, bypassing the Venezuelan authorities. He signed an executive order to protect Venezuelan oil funds from seizures, aiming to reboot the countrys economy under U.S. guidance. However, ExxonMobil remains cautious due to the unstable commercial frameworks and history of asset seizures by the state.

Minnesotas top Republican, Tom Emmer, demands Governor Tim Walzs resignation amid a massive welfare fraud scandal, accusing him of failing to hold his administration accountable. With at least one billion dollars stolen, Emmer joins a House Oversight Committee hearing, detailing whistleblower retaliation and weakened internal watchdogs. Walz denies wrongdoing but faces mounting political pressure as investigations continue.

At the Golden Globes, celebrities wore black-and-white anti-ICE pins to honor Renee Good, a woman killed by an ICE officer. The pins, featuring slogans like Be Good and Ice Out, brought a strong political message to the red carpet. Protests have erupted nationwide, demanding accountability for Good and a separate incident in Portland. Organizers behind the pins, including Working Families Power, reached out to entertainers, drawing on Hollywoods history of activism. An FBI probe into Goods death is ongoing, while the Trump administration defends the officer. Activists vow to keep pushing the issue through the rest of awards season.