{
  "_notice": {
    "type": "free_key_offer",
    "message": "Free and anonymous access is staying. If this endpoint is in your pipeline, a free key adds advance notice before any schema change or deprecation. POST /v1/keys {\"email\": \"you@firm.com\"} — nothing else required. Something broken or missing? hello@clearmarket.fyi reaches a human.",
    "docs": "https://clearmarket.fyi/for-data/",
    "policy": "This field is additive and its shape will not change."
  },
  "event_id": "CM-EVT-RB5XFSP9R6",
  "slug": "kxcclimit-27",
  "question": "Will credit card rates be capped in 2026?",
  "category": "politics",
  "event_type": "BINARY",
  "ladder_distribution": null,
  "tags": [
    "politics",
    "credit-card-regulation",
    "interest-rate-caps",
    "us-financial-policy",
    "consumer-protection",
    "legislative-action"
  ],
  "catalyst_types": [],
  "catalyst_dates": [],
  "editorial_notes": "This market tracks whether federal or state legislation capping credit card interest rates becomes law before January 2027. Resolution is determined by Kalshi staff based on enacted legislation as of that date. Only one platform structures this event, so no cross-platform contrast applies. Kalshi staff determination governs resolution with no external oracle involved.",
  "venues_covered": [
    "kalshi"
  ],
  "primary_market_id": "CM-MKT-R6MZGL4KM0",
  "current_primary_mark": {
    "last_price": 0.089,
    "implied_probability": 0.089
  },
  "created_at": "2026-07-06T00:30:45.836226+00:00",
  "updated_at": "2026-07-06T00:30:45.836226+00:00",
  "markets": [
    {
      "market_id": "CM-MKT-R6MZGL4KM0",
      "event_id": "CM-EVT-RB5XFSP9R6",
      "platform": "kalshi",
      "platform_market_id": "KXCCLIMIT-27",
      "question": "Will credit card rates be capped before 2027?",
      "description": "Before 2027",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Kalshi staff determination of whether federal or state legislation implementing credit card rate caps becomes law by January 1, 2027.",
      "close_at": "2027-01-01T15:00:00Z",
      "resolve_at": "2027-01-01T15:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If the federal government has taken action to cap the annual interest rate that credit cards can charge after Issuance and before Jan 1, 2027, then the market resolves to Yes.\n\nThe action does not need to be effective in the market's time frame. For example, the passing of a bill between Issuance and before Jan 1, 2027 that imposes a cap, even if the cap is not effective until after Jan 1, 2027, is encompassed by the Payout Criterion.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "The New York Times",
        "source_status": "no_committed_source",
        "source_citation": "https://www.nytimes.com/",
        "sources": [
          {
            "name": "The New York Times",
            "url": "https://www.nytimes.com/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": null,
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "uncommitted",
        "source_commitment_subtype": "uncommitted_placeholder",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "C",
        "score": 61,
        "caps": [
          "commitment_uncommitted_placeholder"
        ],
        "applied_factors": 6
      },
      "last_price": 0.089,
      "implied_probability": 0.089,
      "volume_24h_usd": 15.99508,
      "volume_total_usd": 34509.29343,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": null,
      "also_on": null,
      "tags": [
        "2026",
        "credit card rates",
        "credit cards",
        "interest rates",
        "regulation"
      ],
      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "not_eligible",
          "reasons": [
            "category_not_permitted"
          ],
          "bucket": null,
          "screened_at": "2026-06-12"
        }
      ]
    }
  ],
  "resolution_log": [],
  "_provenance": {
    "source": "clearmarket.fyi",
    "ref": "CM-EVT-RB5XFSP9R6",
    "terms": "Attribution required. clearmarket.fyi"
  }
}