Tuesday was a deadline for President Donald Trump's 10% cap on credit card interest rates. Now he's calling on Congress to ...
Card issuers may need to scale back on rewards if they can’t earn as much on interest. These issuers would face the biggest hits.
Donald Trump announced a proposal to impose a one-year cap of 10 percent on credit card interest rates, saying the move would ...
President Trump, under pressure to bring down the painfully high cost of living, announced at Davos that he is calling on Congress to cap credit card interest rates at 10 percent for one year.
A proposed 10% cap on credit card interest rates could restrict access to credit for millions of Americans. Industry experts agree that a 10% interest rate cap could lead to the cancellation or severe ...
The episode may show the limits of President Trump's ability to cajole the financial industry into voluntarily giving up billions of dollars in revenue.
President Trump's proposal to cap credit card interest rates at 10% - an idea with bipartisan support - received swift ...
JPMorgan Chase CEO Jamie Dimon on Wednesday advocated for a test of President Donald Trump's proposed credit card rate cap in ...
It wasn't immediately clear how the president plans to enforce the policy, which he said would take effect later this month. President Donald Trump is calling for a cap on credit card interest rates ...
Trump's demand to cap credit card rates at 10% is a crowd-pleaser, but might cause more problems than it solves.