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.
President Donald Trump called for a 10% cap on credit card interest rates starting Jan. 20. Here's what we know.
A proposed one-year cap on credit card interest rates backed by U.S. President Donald Trump could reduce borrowing costs for ...
Key Takeaways The average credit card balance per borrower in the U.S. was $6,618 at in 2025, up about 1.2% from 2024.Total U.S. credit card debt is about $1.21 trillion, up 5.9% from the previous ...
U.S. President Donald Trump's proposal to cap credit card interest rates at 10% has grabbed headlines but would require ...
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