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

Steve Forbes lays out the unintended consequences of President Trump’s proposal to cap credit card interest rates at 10%.

(Bloomberg) -- As part of a series of efforts to make life more affordable, President Donald Trump aims to help Americans with credit-card debt. After demanding on social media that credit-card ...

The federal cap that Trump has proposed would, in theory, prevent issuers from gouging customers. But not everyone agrees it ...

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 ...

President Trump recently took to Truth Social to call for a one-year cap on credit card interest rates at 10%. The proposal has superficial appeal to many Americans. After all, American consumers owe ...

President Donald Trump just urged passage of a federal 10% credit card interest rate cap. This means that a legislative proposal filed in Congress by Sen. Bernie Sanders (I-Vt.) will likely soon be ...

JPMorgan Chase CEO Jamie Dimon issued a stern warning about President Donald Trump's credit card rate cap at the World Economic Forum in Davos on Wednesday, saying that it would be an "economic ...

A bill that would more tightly enforce the state’s 36% interest rate cap on short-term consumer loans is a signature away from becoming law. Oregon’s Senate on Thursday passed House Bill 4116 on a ...

Discover how interest rate fluctuations affect fixed-income securities and explore derivatives, swaps, and options to manage ...

For once, US President Donald Trump has put forward a proposal that appears actually to be aimed at protecting the “little guy” from predatory institutions. His call for a one-year, 10% cap on ...