Tuesday was a deadline for President Donald Trump's 10% cap on credit card interest rates. Now he's calling on Congress to ...
A proposed 10% cap on credit card interest rates could restrict access to credit for millions of Americans. Industry experts ...
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.
Consumer credit is less expensive elsewhere in the world because of greater competition and tougher regulation.
While interest rates are crushing many Americans financially, a recently announced change to interest laws could potentially ...
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.
JPMorgan Chase CEO Jamie Dimon on Wednesday advocated for a test of President Donald Trump's proposed credit card rate cap in ...
President Trump's proposal to cap credit card interest rates at 10% - an idea with bipartisan support - received swift ...
President Trump revived a campaign promise to cap interest rates, but it is unclear how he would make that a reality. By ...