The plan would see rates temporarily capped at 10 percent, a proposal that has received broad backing from U.S. voters.

In a move aimed at easing economic pressures on American households, President Trump is calling for a temporary 10% cap on credit-card interest rates. Trump didn’t offer any details on how the ...

President Donald Trump's push to cap credit card interest rates at 10% for one year has set off a rare public debate between the White House, big banks, and fintech lenders. At the center of that ...

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.

The Electronic Payments Coalition and other banking industry groups late Monday warned that enacting President Trump’s proposed one-year 10% cap on credit card interest rates would cause the majority ...

A proposed one-year cap on credit card interest rates backed by U.S. President Donald Trump could reduce borrowing costs for some consumers but also limit credit availability, pressure bank profits ...

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

Credit card companies are coming under bipartisan attack in Washington as persistent inflation leaves many Americans struggling to make ends meet. The economic uncertainty has even put President ...

Credit card interest can take a balance that seems manageable and make it balloon — sometimes into an amount that feels totally untenable. Part of the problem is how steep interest rates can be, often ...