Tuesday was a deadline for President Donald Trump's 10% cap on credit card interest rates. Now he's calling on Congress to ...
Card issuers may need to scale back on rewards if they can’t earn as much on interest. These issuers would face the biggest hits.
President Trump, under pressure to bring down the painfully high cost of living, announced at Davos that he is calling on Congress to cap credit card interest rates at 10 percent for one year.
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.
President Trump's proposal to cap credit card interest rates at 10% - an idea with bipartisan support - received swift ...
Trump's demand to cap credit card rates at 10% is a crowd-pleaser, but might cause more problems than it solves.
President Trump revived a campaign promise to cap interest rates, but it is unclear how he would make that a reality. By ...
It wasn't immediately clear how the president plans to enforce the policy, which he said would take effect later this month. President Donald Trump is calling for a cap on credit card interest rates ...
President Donald Trump called for a temporary 10% cap on credit card interest rates but did not provide details on how his plan would come to fruition or how he planned to make credit card issuers ...