Trump is calling for a credit card interest rate cap of 10%. Here are some ways consumers can get funds if access to credit ...
Tuesday was a deadline for President Donald Trump's 10% cap on credit card interest rates. Now he's calling on Congress to make it law.
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.
Card issuers may need to scale back on rewards if they can’t earn as much on interest. These issuers would face the biggest ...
President Trump's proposal to cap credit card interest rates at 10% - an idea with bipartisan support - received swift ...
While interest rates are crushing many Americans financially, a recently announced change to interest laws could potentially ...
By Hannah Lang and Douglas Gillison Jan 12 (Reuters) - U.S. banks and financial institutions on Monday pushed back against ...
It wasn't immediately clear how the president plans to enforce the policy, which he said would take effect later this month.
New York — Americans would save roughly $100 billion a year in interest costs if President Donald Trump’s campaign proposal to cap credit card interest rates at 10% were implemented, according to a ...
Analysts say credit card companies could face a major hit to earnings, while banks would also be under pressure.