President Donald Trump is calling for a 10% cap on credit card interest rates. The average credit card interest rate was recently reported to be between 19.65% and 21.39%. Bipartisan bills to cap ...

The recent 10% credit-card interest-rate cap proposed by Donald Trump triggered a frenzy of responses from the financial giants. JPMorgan Chase CEO Jamie Dimon warned of an “economic disaster,” a view ...

In a new push to address affordability concerns on voters’ minds before the midterm elections, President Donald Trump recently called for a cap on credit card interest rates, without a clear plan on ...

President Donald Trump has suggested temporarily capping credit card interest rates at 10%, a proposal that could significantly lower borrowing costs for millions of Americans but would require ...

Executives from banks, including Citigroup (C) and JPMorgan Chase (JPM), were critical of U.S. President Donald Trump’s call for a one-year cap on credit card interest rates. "Effective January 20, ...

President Donald Trump is calling for a 10% cap on credit card interest rates. In a Jan. 9 Truth Social post, he said the one-year cap would be in effect on Jan. 20, the anniversary of his ...