As part of a series of efforts to make life more affordable, President Donald Trump aims to help Americans with credit-card ...
The U.S. Constitution gives Congress the power to write laws regulating commerce and financial markets — including ...
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Trump’s 10% credit card rate cap could backfire, expert warns
A fintech expert warned that a 10% credit card interest limit could backfire, leading to more debt, tighter lending and a ...
Like other payment executives, Steve Squeri expressed concern about affordability, but is not in favor of heavy restrictions.
Amid voter concern about the economy and affordability, President Donald Trump announced a new policy: a 10% cap on credit ...
The ABA says that between 74% and 85% of credit card accounts in the U.S. that are open will either close or see reduced ...
President Donald Trump is calling for a one-year 10% cap on credit card interest rates starting Tuesday.
The credit card issuer said it had little to add to widespread discussions regarding the Trump administration's proposed 10% ...
JPMorgan Chase CEO Jamie Dimon said today that President Donald Trump’s proposed cap on credit card interest rates would be ...
Bank executives are tiptoeing around President Trump’s call to temporarily cap credit-card interest rates at 10%, opposing the idea while making sure not to antagonize the White House.
"It would be an economic disaster, and I'm not making that up because our business … we would survive it, by the way," ...
President Donald Trump calls for 10% credit card interest rate cap at Davos World Economic Forum, echoing Senator Bernie ...
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