Credit Card Interest Rate

Trump calls for 1 year cap on credit card interest rates

Proposed 10% cap on credit‑card rates could save borrowers money but limit access to credit

The president is proposing a one‑year cap limiting credit‑card interest rates to 10%, a major drop from the current average of about 20%.

· 7h · on MSN

Johnson warns of 'unintended consequences' in Trump's credit card rate cap idea

PolitiFact · 1d

Can Donald Trump unilaterally cap credit card interest rates at 10%? It’s a request, not a law.

· 9h

US House Speaker Johnson Says Credit Card Rate Cap Should Be Looked Into by Congress

U.S. House Speaker ‍Mike Johnson on Tuesday said ⁠Congress should explore ‌President Donald Trump's ‌idea ‍of imposing a ⁠cap on credit card interest rates but warned of the possibility of "negat...

· 8h

JPMorgan says Trump's credit card cap would hurt consumers and the economy

· 2h

Dimon warns Trump’s criticism of Fed’s Powell could boost inflation

· 1d

Trump plan to cap credit card costs hits bank shares

US banking associations say capping rates will make it harder for people to access credit and be "devastating" for millions of families and small businesses.

· 2h

Wall Street falls with financials amid credit card rate plan concern

· 13h

What 10% Credit-Card Rate Cap Would Mean for Your Wallet

15hon MSN

Trump's big swing at credit card interest rates targets a growing American problem

Americans' debt loads are at record highs, resurfacing a decadeslong debate on how to prevent companies from maximizing profit at consumers' expense.

7hon MSN

Trump Targets Card Swipe Fees After Interest Rate Threats

First President Donald Trump targeted the interest rates credit-card companies levy against US consumers. Now he’s targeting the interchange fees that merchants must pay to tap, swipe and insert their cards at checkout by endorsing a measure on Capitol Hill that aims to boost competition among payment networks.

7hon MSN

Trump opens door to Liz Warren on credit card rates as GOP weighs affordability fight

President Donald Trump calls Sen. Elizabeth Warren to discuss capping credit card interest rates at 10%, finding common ground with progressive Democrats on affordability.

High earners have credit card debt, too. But they won't admit it.

Credit card debt is an embarrassment to many Americans. It is especially embarrassing, apparently, to people who earn a lot.