Last month, President Donald Trump proposed capping the interest rate on credit cards at 10 percent as a way to help Americans save more. Members of Congress from both parties immediately rallied to ...

President Donald Trump's push for credit card issuers to lower their interest rates has sparked a heated confrontation with Jamie Dimon, the CEO of JPMorgan Chase. In January, the president called for ...

Perhaps feeling the heat of “affordability” concerns, President Donald Trump recently revived one of those bad ideas that never seem to die: a cap on credit card interest rates. His current proposal ...

Feb 10 (Reuters) - Wells Fargo (WFC.N), opens new tab expects loans to grow this year, betting on credit cards and autos while momentum in mortgages is expected to pick up after declines over time, ...

Let's say you've got a credit card with a $15,000 limit that you haven't used in years. You're tempted to shut it down to simplify your wallet -- and hey, no harm done, right? Not so fast. As someone ...

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 ...

We live in a nation of unprecedented wealth and income inequality — where a handful of billionaires are getting much richer while the working class falls further and further behind. Just since ...

The reintroduction of the Credit Card Competition Act in January 2026 has major implications for the U.S. payments infrastructure, with the potential to fundamentally alter the competitive dynamics of ...

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Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. Debit and credit cards may look the same at checkout, both ...

President Donald Trump called for credit card companies to cap interest rates at 10%, roughly half the industry average, effective Jan. 20. That date arrived, and credit card rates have hardly budged.

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 ...