President Donald Trump is proposing a one-year cap on credit card interest rates at 10%, arguing that card issuers have taken advantage of consumers with rates that can exceed 30%.

Sen. Elizabeth Warren and President Trump don't agree on much, but Warren suggests they might be able to work together on capping credit card interest rates and potentially addressing other cost-of-li...

One reason banks are able to lend credit to riskier borrowers is that they can charge higher interest rates to recoup losses.