A Forbes report explained that a cap on interest rates — which can serve as a tool for pricing risk — wouldn’t simply shield lower-income Americans from relatively high rates. Instead, a cap would ...

The Beaver State is poised to opt out of a federal law that poked a hole in its interest rate cap, joining a growing list of ...

President Donald Trump proposed a 10% cap on credit card interest rates that would start on Tuesday. On Wednesday, Trump urged Congress to pass a one-year 10% cap, a sharp reduction from the current ...

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

Good morning. President Donald Trump’s proposal to temporarily cap credit card interest rates has both supporters and critics. In a social media post on Jan. 9, Trump called for a one-year cap on ...

(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 ...

GUNNISON, Utah — President Trump's proposal to cap credit card interest rates is a move that could lower costs for millions who carry debt. often just to cover basic necessities. Any credit card cap ...

A few days ago, President Trump staked a claim to the "affordability" issue by demanding that banks cap their credit card interest rates at 10% for one year. Actually, Trump announced that in effect ...

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 ...

NEW YORK (AP) — Reviving a campaign pledge, President Donald Trump wants a one-year, 10% cap on credit card interest rates, a move that could save Americans tens of billions of dollars. However, it ...

Among cardholders who revolve balances or use credit cards to finance large purchases they can’t afford, who wouldn’t want a significant cut in the interest rate--which often ranges between 20% and 24 ...