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, ...

On Friday, President Trump called for a one-year cap of 10% on credit card interest rates, set to begin Jan. 20. Without congressional legislation, implementing a rate cap would likely be challenging.

A decades-long drive to cap credit card interest rates has received a sudden jolt from President Donald Trump — and widespread pushback from banks. Trump said Friday he wants to put a one-year 10% cap ...

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. A Jan. 10 White House X post included an ...

In a new push to address affordability concerns on voters’ minds before the midterm elections, President Donald Trump recently called for a cap on credit card interest rates, without a clear plan on ...

NEW YORK (AP) — Reviving a campaign pledge, President Donald Trump wants a one-year, 10% cap on credit card interest rates, a move that could save Americans tens of billions of dollars but drew ...

WASHINGTON — President Donald Trump's headline-grabbing ultimatum for a 10% interest rate cap on credit cards failed to materialize by his self-imposed deadline of January 20th. Processing Content ...

As talk grows about household debt and high borrowing costs, attention is turning to whether Mark Carney could urge Ottawa to cap credit card interest rates. The former Bank of Canada and Bank of ...

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