Trump’s proposed one-year cap on credit card interest rates could cut borrowing costs but may reduce credit access, hurt ...
U.S. banks and financial institutions today pushed back against President Donald Trump’s proposed cap on credit card interest ...
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Analysts say credit card companies could face a major hit to earnings, while banks would also be under pressure.
His declaration requires congressional approval to become law and could restrict some consumers' credit availability.
Iowa Senate Republicans unveiled their property tax plan Monday as the 2026 session began, saying the state’s system for ...
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.
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.
A proposed credit card interest rate cap could lower costs for borrowers but limit credit access and pressure bank profits.
With credit card interest rates near modern highs, President Trump says he wants to cap the rates for one year.
Credit card balances in the United States have jumped by $27 billion in just three months, a surge that is now colliding with ...