The U.S. Constitution gives Congress the power to write laws regulating commerce and financial markets — including interest-rate limits on credit cards. Trump has called for a one-year cap at 10%, but ...
From mortgage rates and auto loans to credit cards and savings accounts, here's a look at how the January Fed decision could ...
Tuesday was a deadline for President Donald Trump's 10% cap on credit card interest rates. Now he's calling on Congress to ...
If you were waiting for your credit card interest rate to plummet to 10% on Jan. 20, don't hold your breath.
President Donald Trump recently told the credit card industry that it had until Jan. 20 to comply with his demand for a 10% cap on interest rates.
The report indicated that analysts from Morgan Stanley recently wrote in a research note that — outside of Bread Financial ...
A rate cap will almost certainly do more harm than good, and the Americans who will be hurt the most are the people such a ...
Senator Bernie Sanders calls Wall Street credit card practices "usury" as major banks profit from 24% average rates while ...
A decades-long drive to cap credit card interest rates has received a sudden jolt from President Donald Trump — and widespread pushback from banks.
As part of a series of efforts to make life more affordable, President Donald Trump aims to help Americans with credit-card ...
The first step, consumer finance experts say, is to ask your card issuer to reduce the rate. And with average balances now $6,500, consider using your tax refund to put a dent in the debt.
Two weeks ago, President Donald Trump shocked the banking industry by announcing his support for capping credit card interest ...