Swaps are derivative contracts between two parties that involve the exchange of cash flows. One counterparty agrees to receive one set of cash flows while paying the other another set of cash flows.

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

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 ...