Copyright 2026 The Associated Press. All Rights Reserved. Copyright 2026 The Associated Press. All Rights Reserved. A sign for Chase bank is seen on an ATM Tuesday ...
President Trump’s economic adviser said Friday that the administration has been in touch with major banks regarding the administration’s proposal to temporarily cap credit card interest rates amid ...
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 ...
President Donald Trump has floated the idea of putting a one-year cap on credit card interest rates at 10%. "They've really abused the public," Trump told reporters aboard Air Force One Monday, ...
President Donald Trump called for a temporary 10% cap on credit card interest rates but did not provide details on how his plan would come to fruition or how he planned to make credit card issuers ...
Jan 12 (Reuters) - U.S. financial stocks and UK-listed lenders fell on Monday as President Donald Trump's call for a one-year cap on credit card interest rates threatened a key revenue stream for the ...
On Friday, Jan. 9, President Trump shared a message on Truth Social calling for a credit card interest rate cap starting Jan. 20, 2026 — just 11 days after posting. His proposal would cap rates at 10% ...
NEW YORK (AP) — 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 ...
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 opposition ...