Capping credit card interest rates at 10% could save consumers billions of dollars, but potentially hurt lower-income ...

President Donald Trump has floated the possibility of a one-year rate cap ...

As part of a series of efforts to make life more affordable, President Donald Trump aims to help Americans with credit-card ...

President Trump’s call for a cap promises to save Americans billions in interest but also can lead to tightened access to credit.

The U.S. Constitution gives Congress the power to write laws regulating commerce and financial markets — including ...

Tuesday was a deadline for President Donald Trump's 10% cap on credit card interest rates. Now he's calling on Congress to ...

If President Donald Trump's proposal for a cap on credit card interest rates is enacted, it "would be a chaotic contraction ...

President Donald Trump noted at the Detroit Economic Club that he's calling to cap credit card rates at 10 percent for a year ...

President Donald Trump called for a temporary 10% cap on credit card interest rates but did not provide details on how his plan would come to fruition or how he planned to make credit card issuers ...

Trump proposed a one-year 10% cap on the interest rates that American credit card companies can charge customers. Shares of Citigroup, JPMorgan Chase, Wells Fargo, Bank of America, Visa, Mastercard, ...

For consumers with excellent credit scores above 740, the best available rates typically range from 17% to 21%. Those with good credit see rates between 21% and 24%, while borrowers with fair credit ...

Bankers argue that the proposal is often framed as consumer‑friendly, but consumers could face reduced access to affordable credit. Some 47% of credit cardholders report having a credit card balance, ...