legislation

NEW YORK — Reviving a campaign pledge, President Trump wants a one-year, 10% cap on credit card interest rates, a move that could save Americans tens of billions of dollars but drew immediate opposition from an industry that has been in his corner.

Trump was not clear in his social media post Friday night whether a cap might take effect through executive action or legislation, though one Republican senator said he had spoken with the president and would work on a bill with his “full support.” Trump said he hoped it would be in place by Jan. 20, marking one year since his return to the White House.

Strong opposition is certain from Wall Street and the credit card companies, which donated heavily to his 2024 campaign and to support his second-term agenda.

“We will no longer let the American Public be ripped off by Credit Card Companies that are charging Interest Rates of 20 to 30%,” Trump wrote on his Truth Social platform.

Researchers who studied Trump’s campaign pledge after it was first announced found that Americans would save roughly $100 billion in interest a year if credit card rates were capped at 10%. The same researchers found that while the credit card industry would take a major hit, it would still be profitable, although credit card rewards and other perks might be scaled back.

Americans are paying, on average, between 19.65% and 21.5% in interest on credit cards, according to the Federal Reserve and other industry tracking sources. That has come down in the last year as the central bank lowered benchmark rates, but is near the highs since federal regulators started tracking credit card rates in the mid-1990s.

Trump’s administration, however, has proved particularly friendly until now to the credit card industry.

Capital One got little resistance from the White House when it finalized its purchase and merger with Discover Financial in early 2025, a deal that created the nation’s largest credit card company. The Consumer Financial Protection Bureau, which is largely tasked with going after credit card companies for alleged wrongdoing, has been largely nonfunctional since Trump took office. His administration killed a Biden-era regulation that would have capped credit card late fees.

In a joint statement, the banking industry opposed Trump’s proposal.

“If enacted, this cap would only drive consumers toward less regulated, more costly alternatives,” the American Bankers Assn. and allied groups said.

The White House did not respond to questions about how the president seeks to cap the rate or whether he has spoken with credit card companies about the idea.

Sen. Roger Marshall (R-Kan.), who said he talked with Trump on Friday night, said the effort is meant to “lower costs for American families and to [rein] in greedy credit card companies who have been ripping off hardworking Americans for too long.”

Legislation in both the House and the Senate would do what Trump is seeking.

Sens. Bernie Sanders (I-Vt.) and Josh Hawley (R-Mo.) released a plan last February that would immediately cap interest rates at 10% for five years, hoping to use Trump’s campaign promise to build momentum for their measure.

Hours before Trump’s post, Sanders noted that the president, rather than working to cap interest rates, had taken steps to deregulate big banks that allowed them to charge much higher credit card fees.

Reps. Alexandria Ocasio-Cortez (D-N.Y.) and Anna Paulina Luna (R-Fla.) have proposed similar legislation. Ocasio-Cortez is a frequent political target of Trump, while Luna is a close ally of the president.

Sweet and Kim write for the Associated Press and reported from New York and West Palm Beach, Fla., respectively.

WASHINGTON — President Trump issued the first vetoes of his second term on Tuesday, rejecting two low-profile bipartisan bills, a move that had the effect of punishing backers who had opposed the president’s positions on other issues.

Trump vetoed drinking water pipeline legislation from Republican Rep. Lauren Boebert of Colorado, a longtime ally who broke with the president in November to release files on convicted sex offender Jeffrey Epstein. He also vetoed legislation that would have given the Miccosukee Tribe of Indians of Florida more control of some of its tribal lands. The tribe was among groups suing the administration over an immigration detention center in the Everglades known as “ Alligator Alcatraz.”

Both bills had bipartisan support and had been noncontroversial until the White House announced Trump’s vetoes Tuesday night.

Trump appeared to acknowledge the tribe’s opposition to the detention facility in a letter to Congress explaining his veto. “The Miccosukee Tribe has actively sought to obstruct reasonable immigration policies that the American people decisively voted for when I was elected,” Trump wrote.

Trump did not allude to Boebert in his veto of her legislation, but raised concerns about the cost of the water pipeline at the heart of that bill.

Boebert, one of four House Republicans who sided with House Democrats early on to force the release of the Epstein files, shared a statement on social media suggesting that the veto may have been “political retaliation.”

“I sincerely hope this veto has nothing to do with political retaliation for calling out corruption and demanding accountability. Americans deserve leadership that puts people over politics,” her statement said. Boebert added in another post: “This isn’t over.”

The Florida legislation had been sponsored by Republican Rep. Carlos Gimenez, whom Trump has endorsed. Gimenez and the Miccosukee Tribe were not immediately available for comment on Wednesday.

When asked whether the vetoes were punishment, the White House did not answer and instead referred to Trump’s statements explaining the vetoes.

Congress can override the vetoes by a vote of two-thirds of the members of the House and the Senate, but it’s unclear if there’s enough support in the Republican-controlled chambers to do so, especially heading into a midterm election year where many of them will be on the ballot and many GOP members will count on Trump’s backing.

Boebert’s legislation, the “Finish the Arkansas Valley Conduit Act,” aimed to improve access to clean drinking water in eastern Colorado.

While the congresswoman has long been a staunch supporter of Trump, she found herself at odds with the president with her support this year for legislation that required the Justice Department to release files related to Epstein.

Trump fought the proposal before reversing in the face of growing Republican support for releasing the files. Members of his administration even met with Boebert in the White House Situation Room to discuss the matter, though she didn’t change her mind.

Republican Rep. Jeff Hurd of Colorado, who co-sponsored the legislation, said he was “deeply disappointed” by Trump’s veto.

“This was a bipartisan, unanimous bill passed by Congress to uphold a long-standing federal commitment to southeastern Colorado,” Hurd said in a statement.

He said the legislation did not authorize any new construction spending or expand the federal government’s original commitment to the pipeline project, but adjusted the terms of repaying its costs.

Price and Kinnard write for the Associated Press. Kinnard reported from Chapin, S.C.

CASTEL GANDOLFO, Italy — Pope Leo XIV said Tuesday he was “very disappointed” that his home state of Illinois had approved a law allowing for medically assisted suicide, and he called for greater respect for life.

Leo said he had spoken “explicitly” with Gov. JB Pritzker and urged him to not sign the bill into law. Chicago Cardinal Blase Cupich did the same, Leo told reporters as he left his country house in Castel Gandolfo, south of Rome.

“We were very clear about the necessity to respect the sacredness of life from the very beginning to the very end, and unfortunately, for different reasons, he decided to sign that bill,” Leo said. “I am very disappointed about that.”

Pritzker signed the legislation Dec. 12. The measure is also known as “Deb’s Law,” honoring Deb Robertson, a resident of the state living with a rare terminal illness. She had pushed for the measure’s approval and testified to the suffering of people and their families wanting the chance to decide for themselves how and when their lives should end.

Pritzker, a Democrat, had said he had been moved by stories of patients suffering from terminal illnesses.

Leo, who grew up in Chicago, cited Catholic teaching, which calls for the defense and protection of life from conception until natural death, forbidding abortion and euthanasia.

“I would invite all people, especially in these Christmas days, to reflect upon the nature of human life, the goodness of human life,” Leo said. “God became human like us to show us what it means really to live human life, and I hope and pray that the respect for life will once again grow in all moments of human existence, from conception to natural death.”

The state’s six Catholic dioceses had criticized Pritzker’s signing, saying the law puts Illinois “on a dangerous and heartbreaking path.”

Eleven other states and the District of Columbia allow medically assisted suicide, according to the advocacy group, Death With Dignity. Delaware was the latest, and its provision takes effect Jan. 1, 2026. Seven other states are considering allowing it.

Santalucia writes for the Associated Press. AP writer Nicole Winfield contributed to this report from Rome.

WASHINGTON — The Senate gave final passage Wednesday to an annual military policy bill that will authorize $901 billion in defense programs while pressuring Defense Secretary Pete Hegseth to provide lawmakers with video of strikes on alleged drug boats in international waters near Venezuela.

The annual National Defense Authorization Act, which raises troop pay by 3.8%, gained bipartisan backing as it moved through Congress. It passed the Senate on a 77-20 vote before lawmakers planned to leave Washington for a holiday break. Two Republicans — Sens. Rand Paul and Mike Lee — and 18 Democrats voted against the bill.

The White House has indicated that it is in line with President Trump’s national security priorities. However, the legislation, which ran more than 3,000 pages, revealed some points of friction between Congress and the Pentagon as the Trump administration reorients its focus away from security in Europe and toward Central and South America.

The bill pushes back on recent moves by the Pentagon. It demands more information on boat strikes in the Caribbean, requires that the U.S. maintain its troop levels in Europe and sends some military aid to Ukraine.

But overall, the bill represents a compromise between the parties. It implements many of Trump’s executive orders and proposals on eliminating diversity and inclusion efforts in the military and grants emergency military powers at the U.S. border with Mexico. It also enhances congressional oversight of the Department of Defense, repeals several years-old war authorizations and seeks to overhaul how the Pentagon purchases weapons as the U.S. tries to outpace China in developing the next generation of military technology.

“We’re about to pass, and the president will enthusiastically sign, the most sweeping upgrades to DOD’s business practices in 60 years,” said Sen. Roger Wicker (R-Miss.), the chair of the Senate Armed Services Committee.

Still, the sprawling bill faced objections from both Democratic and Republican leadership on the Senate Commerce Committee. That’s because the legislation allows military aircraft to obtain a waiver to operate without broadcasting their precise location, as an Army helicopter had done before a midair collision with an airliner in Washington, D.C., in January that killed 67 people.

“The special carve-out was exactly what caused the January 29 crash that claimed 67 lives,” Sen. Ted Cruz (R-Texas), the chair of the Senate Commerce Committee, said at a news conference this week.

Cruz said he was seeking a vote on bipartisan legislation in the next month that would require military aircraft to use a precise location sharing tool and improve coordination between commercial and military aircraft in busy areas.

Boat strike videos

Republicans and Democrats agreed to language in the defense bill that threatened to withhold a quarter of Hegseth’s travel budget until he provided unedited video of the strikes, as well as the orders authorizing them, to the House and Senate Committees on Armed Services.

Hegseth was on Capitol Hill on Tuesday ahead of the bill’s passage to brief lawmakers on the U.S. military campaign in international waters near Venezuela. The briefing elicited contrasting responses from many lawmakers, with Republicans largely backing the campaign and Democrats expressing concern about it and saying they had not received enough information.

The committees are investigating a Sept. 2 strike — the first of the campaign — that killed two people who had survived an initial attack on their boat. The Navy admiral who ordered the “double-tap” strike, Adm. Frank “Mitch” Bradley, also appeared before the committees shortly before the vote Wednesday in a classified briefing that also included video of the strike in question.

Several Republican senators emerged from the meeting backing Hegseth and his decision not to release the video publicly, but other GOP lawmakers stayed silent on their opinion of the strike.

Democrats are calling for part of the video to be released publicly and for every member of Congress to have access to the full footage.

“The American people absolutely need to see this video,” said Sen. Richard Blumenthal (D-Conn.). “I think they would be shocked.”

Congressional oversight

Lawmakers have been caught by surprise by the Trump administration several times in the last year, including by a move to pause intelligence sharing with Ukraine and a decision to reduce U.S. troop presence in NATO countries in eastern Europe. The defense legislation requires that Congress be kept in the loop on decisions like those going forward, as well as when top military brass are removed.

The Pentagon is also required, under the legislation, to keep at least 76,000 troops and major equipment stationed in Europe unless NATO allies are consulted and there is a determination that such a withdrawal is in U.S. interests. Roughly 80,000 to 100,000 U.S. troops are usually present on European soil. A similar requirement keeps the number of U.S. troops stationed in South Korea at 28,500.

Lawmakers are also pushing back on some Pentagon decisions by authorizing $400 million for each of the next two years to manufacture weapons to be sent to Ukraine.

Cuts to diversity and climate initiatives

Trump and Hegseth have made it a priority to purge the military of material and programs that address diversity, anti-racism or gender issues, and the defense bill codifies many of those changes. It would repeal diversity, equity and inclusion offices and trainings, including the position of chief diversity officer. Those cuts would save the Pentagon about $40 million, according to the Republican-controlled House Armed Services Committee.

The U.S. military has long found that climate change is a threat to how it provides national security because weather-related disasters can destroy military bases and equipment. But the bill makes $1.6 billion in cuts by eliminating climate change-related programs at the Pentagon.

Repeal of war authorizations and Syria sanctions

Congress is writing a closing chapter to the war in Iraq by repealing the authorization for the 2003 invasion. Now that Iraq is a strategic partner of the U.S., lawmakers in support of the provision say the repeal is crucial to prevent future abuses. The bill also repeals the 1991 authorization that sanctioned the U.S.-led Gulf War.

The rare, bipartisan moves to repeal the legal justifications for the conflicts signal a potential appetite among lawmakers to reclaim some of Congress’ war powers.

Groves writes for the Associated Press.

WASHINGTON — A Minneapolis jury’s conviction of former Minneapolis Police Officer Derek Chauvin in the murder of George Floyd has reignited debate about what policing should look like in the United States.

In the weeks following Floyd’s death and the ensuing outrage that caused millions of Americans to pour into the streets to protest in the midst of a pandemic, Congress promised fundamental change to policing.

There was legislation to standardize training across the country, to keep problem officers from moving between departments without their records following them, to ban the use of chokeholds and no-knock warrants.

But Congress failed to reach an agreement that could pass both the House and Senate and attention moved to other things.

Negotiations for a bipartisan deal on police reform continue informally on Capitol Hill, and the lead House sponsor, Rep. Karen Bass (D-Los Angeles), said on CNN’s “State of the Union” on Sunday that she is hopeful because those involved are “very sincere, and it’s a bipartisan group.”

Bass is working with Sens. Cory Booker (D-N.J.) and Tim Scott (R-S.C.). She told reporters on Capitol Hill on Tuesday that she is optimistic they will reach an agreement and get a bill to President Biden’s desk in the coming months.

“I believe that we want to make something happen,” Bass said.

Last month the House passed Bass’ George Floyd Justice in Policing Act by a 220-212 vote, with no Republican support and two Democrats voting no.

The legislation, which would ban chokeholds, end “qualified immunity” for law enforcement officers and create national standards for policing in a bid to bolster accountability, passed the House last summer but was not considered by the Republican-controlled Senate.

Democrats in turn blocked consideration of a Republican policing reform bill proposed by Scott last summer, saying though it was similar to their proposal in some ways, it did not go far enough because it did not modify so-called qualified immunity for police officers, which has made it harder for victims of brutality to file civil lawsuits over excessive force, or make it easier to prosecute police officers for criminal behavior.

Even now that Democrats control the Senate, hurdles remain for passing policing reform out of the Senate, where most legislation faces a 60-vote threshold, Bass said.

“It’s one thing to pass legislation in the House; it’s a super hurdle to get it passed in the Senate,” Bass said in the CNN interview. “But we are working.”