Bank of America is considering whether to offer a credit card with interest capped at 10% for a year, a person familiar with the bank’s thinking told NBC News on Thursday. President Donald Trump ...

Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. Debit and credit cards may look the same at checkout, both ...

House Speaker Mike Johnson, R-La., pushed back on a proposal from President Donald Trump to cap the interest that credit card companies can charge borrowers. "I talked with him about it briefly ...

President Donald Trump has said his plan to impose a temporary cap on credit card interest rates would curb “abuse” by U.S. lenders, but this has faced pushback from the banking industry, and experts ...

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, ...

If successful in enacting a one-year cap on credit-card interest rates, President Donald Trump could dramatically alter financial-sector earnings and business models. But investors shouldn’t panic ...

Jan. 10 (UPI) --If President Donald Trump has his way, credit card companies will limit their respective interest rates to no more than 10% for a year to make them more affordable. Trump took to ...

The president revived a campaign promise he has not actively pursued since taking office. By Stacy Cowley President Trump on Friday called for a one-year cap limiting credit card interest rates to 10 ...

President Donald Trump demanded a 10% cap on credit card interest rates on Friday, vaguely citing “affordability” as the reason for the change. The demand comes a month after he dismissed the term as ...

Are you looking to improve your financial situation and spending in 2026? You will not be alone. A new study from Wallet Hub shows the average household has serious credit card debt. The study looked ...

Forbes contributors publish independent expert analyses and insights. Dan Gingiss covers news impacting your customers and employees. With Visa and Mastercard recently reaching a settlement on a ...

Kansas Sen. Roger Marshall and Illinois’s Dick Durbin have spent years pushing misconceived legislation to reduce credit-card swipe fees. So they may be disappointed that credit-card companies have ...