Trump: Cap Credit Card Interest at 10%, ICE Protests Spread, And Pope Leo on Baptism
The LOOPcast
CatholicVote
4.7 • 748 Ratings
🗓️ 12 January 2026
⏱️ 76 minutes
🔗️ Recording | iTunes | RSS
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Summary
President Trump proposes a temporary cap on credit card interest rates at 10%. What does this mean, and who does it help? Meanwhile, anti-ICE protests continue to spread nationwide with new footage arising. Who is behind all this? And finally, Pope Leo baptizes 20 infants in the Sistine Chapel. All this and more on the LOOPcast!
Timestamps:
00:00 Welcome to the LOOPcast
03:01 Trump Announces Cap on Credit Card Interest Rates
31:59 DOJ Probe into Powell
40:42 Anti-ICE Protests
54:38 Good News
1:04:10 Twilight Zone
1:15:30 Closing Prayer
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O Mother Bourgeoys, you, whose compassionate power is ever increasing, show us your way of Truth, Faith and Holiness. Make us humble enough to abandon ourselves to the Will of God, generous enough to find in the Cross the joy of the Loving Giver. May your fidelity to Jesus in the Blessed Sacrament lead us ever nearer to this source of light and peace. May your spirit of openness help us to be concerned for our brothers and sisters throughout the world. Finally, may Our Lady of the Trinity, Father, Son and Holy Spirit, bring us to this unity of eternal grace to which God has called you for all eternity. Amen.
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Transcript
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| 0:00.0 | Have a live. Welcome back to the loopcast. It's Tom American, Josh. The loop cast brought you by The Loop. |
| 0:04.5 | Every Catholic American's favorite morning newsletter. I hope we guys had a fantastic weekend. |
| 0:08.4 | Happy Monday. We have a great show prepared for you. Yes, the Pope is a Bears fan. I guess that's the only |
| 0:14.0 | explanation. So we have a lot of happy listeners, probably from the Chicagoland area. |
| 0:18.8 | Maybe the Pope smiled a little bit too. I know Brian certainly is happy over in Rome. |
| 0:23.7 | So today's show, Trump had more comments on a plane. |
| 0:27.8 | These comments, I think, made both Josh Hawley and AOC happy, strange enough. |
| 0:31.9 | So we proposed a one-year cap on credit cards. |
| 0:35.8 | My little populist's heart was warmed by the suggestion. This is something |
| 0:39.2 | I've been suggesting for a long time and actually in line with Catholic social teaching. |
| 0:43.1 | So I'm really happy on the domestic front. I think we really need to make this happen. |
| 0:46.7 | I'm going to get into all the details there. Not only that, we have some interesting information |
| 0:50.9 | on mortgage rates that we just saw as well. And then I'm going to do a pre-Twilight |
| 0:54.5 | zone, but it looks like Jerome Powell is under investigation. For various reasons. And, you know, |
| 1:04.0 | I have my thoughts on that as well, but we're going to cover all that. The second is we right after, |
| 1:08.4 | I mean, literally right after the show, we had a new angle of what happened |
| 1:12.2 | with Renee Good in Minnesota. Again, pray for the repose of her soul, but the protester that lost |
| 1:17.7 | her life. And so we got a new angle there. And then also we had these nationwide protests. |
| 1:23.5 | And the structure of them strangely reminded me of other structures and Erica did a little bit of digging there. |
| 1:28.5 | So we have some information on the nationwide protests that have erupted there. |
| 1:32.3 | We have good news. |
| 1:33.3 | We have Twilight Zone. |
... |
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