The plan would see rates temporarily capped at 10 percent, a proposal that has received broad backing from U.S. voters.

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

(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 ...

The federal cap that Trump has proposed would, in theory, prevent issuers from gouging customers. But not everyone agrees it ...

President Trump recently took to Truth Social to call for a one-year cap on credit card interest rates at 10%. The proposal has superficial appeal to many Americans. After all, American consumers owe ...

A decades-long drive to cap credit card interest rates has received a sudden jolt from President Donald Trump — and widespread pushback from banks. Trump said Friday he wants to put a one-year 10% cap ...

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 ...

A bill that would more tightly enforce the state’s 36% interest rate cap on short-term consumer loans is a signature away from becoming law. Oregon’s Senate on Thursday passed House Bill 4116 on a ...

In credit markets, interest rate caps lead to rejected applications, lower credit limits, and tighter underwriting for the highest risk, lowest income borrowers. Why? Because lenders don’t respond to ...

Price controls on credit cards could create shortages like President Nixon's 1971 gasoline controls, forcing consumers toward payday lenders and reducing credit access.

Discover how interest rate fluctuations affect fixed-income securities and explore derivatives, swaps, and options to manage ...

For once, US President Donald Trump has put forward a proposal that appears actually to be aimed at protecting the “little guy” from predatory institutions. His call for a one-year, 10% cap on ...