His declaration requires congressional approval to become law and could restrict some consumers' credit availability.
Amid voter concern about the economy and affordability, President Donald Trump announced a new policy: a 10% cap on credit card interest rates for one year.
Trump's 10% credit card rate cap is meant to help struggling borrowers, but industry data shows 80% of accounts could be cut off, hitting those borrowers hardest.
Trump is calling for a credit card interest rate cap of 10%. Here are some ways consumers can get funds if access to credit ...
Interest rates are a mirror into how well or how poorly individuals are doing economically, not the instigator of prosperity ...
A proposed one-year cap on credit card interest rates backed by U.S. President Donald Trump could reduce borrowing costs for ...
Credit card debt is an embarrassment to many Americans. It is especially embarrassing, apparently, to people who earn a lot.
If you're looking to simplify your credit card strategy, this Wells Fargo card might be all you need in 2026. Here's what to ...
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