Bankers argue that the proposal is often framed as consumer‑friendly, but consumers could face reduced access to affordable credit. Some 47 percent of credit cardholders report having a credit card ...

Jan 12 (Reuters) - A proposed one-year cap on credit card interest rates backed by U.S. President Donald Trump could reduce borrowing costs for some consumers but also limit credit availability, ...

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President Trump on Friday called on credit card companies to cap interest rates at 10% for one year, beginning later this month. “Please be informed that we will no longer let the American Public be ...

NEW YORK — 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 but drew immediate ...

President Donald Trump says he’s keeping a campaign promise to make carrying credit-card debt cheaper for Americans, writing in a social-media post Friday night that he would cap interest rates on ...

President Donald Trump announced Friday he is calling for a one-year cap limiting credit card interest rates to 10%. Trump blamed the Biden administration for allowing rates to rise as high as 20–30%, ...

President Donald Trump has called on credit card companies to cap interest rates at 10 percent for a year, effective from Jan. 20, without specifying how the proposal could be implemented or enforced.

No law dictating a 10% interest rate cap is on the books, and passing one through both chambers in just over a week would be a major challenge. An effort to impose an executive order on private-sector ...

Southwest Airlines may not offer first-class cabins or airport lounges, but it has grown into the third-largest airline in the US by market share by sticking to a simple, traveler-friendly formula. No ...