With credit card interest rates near modern highs, President Trump says he wants to cap the rates for one year.
Consumer advocates have long pushed for some limits on credit card rates with little success. Banks have argued that any caps would force them to limit credit availability.
Trump’s 10% credit card interest cap sounds like consumer relief, but Wall Street is panicking, credit could tighten, and the ...
President Donald Trump noted at the Detroit Economic Club that he's calling to cap credit card rates at 10 percent for a year ...
Trump proposes a 10% credit card interest cap to stop Americans being “ripped off”. Explained: how it works, potential ...
President Trump has proposed capping credit card interest rates at 10% for a year. Financial experts say the idea comes with ...
Trump's year-long cap on credit card interest is "well-intentioned," say experts, but it poses significant risks.
The American Bankers Association panned the proposal, saying it would "drive consumers toward less regulated, more costly ...
President Donald Trump has said he plans to cap credit card interest rates at 10% for one year, and the rule would likely go ...
Americans' debt loads are at record highs, resurfacing a decadeslong debate on how to prevent companies from maximizing ...
Donald Trump proposes a one-year 10 percent cap on credit card interest rates from January 2026, impacting major US banks and ...
President Donald Trump noted at the Detroit Economic Club that he's calling to cap credit card rates at 10% for a year.