The market for premium cards is already hot. President Trump’s call for a temporary cap on credit-card interest rates could make it hotter. In recent years, competition has been intensifying for ...

Industry experts agree that a 10% interest rate cap could lead to the cancellation or severe restriction of credit card accounts for up to 90% of cardholders – specifically those with credit scores ...

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 Trump revived a campaign promise to cap interest rates, but it is unclear how he would make that a reality. By Stacy Cowley and Niko Gallogly Banks and lenders have been in a tizzy ever ...

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, ...

President Donald Trump has said his plan to impose a temporary cap on credit card interest rates would curb “abuse” by U.S. lenders, but this has faced pushback from the banking industry, and experts ...

Trump calls for 10% cap on credit card rates New "big, beautiful bill" proposed as deficit soars under Trump ICE agent who shot Renee Good suffered internal bleeding, officials say Peter Criss shuts ...

Credit cards are the sharpest double-edged sword in Americans’ personal finance arsenal. They can be an indispensable tool for coping with financial hardship, a great way to finance your family ...

(Bloomberg) --US President Donald Trump said he would ask Congress to implement his proposal to cap credit card interest rates at 10% for one year, a policy that’s drawn pushback from some of the ...

Add Yahoo as a preferred source to see more of our stories on Google. Trump announces 10 percent credit card cap as banks push back Donald Trump has revived a campaign pledge for a one-year, 10 ...

The president revived a campaign promise he has not actively pursued since taking office. By Stacy Cowley President Trump on Friday called for a one-year cap limiting credit card interest rates to 10 ...