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 interest-rate limits on credit cards. Trump has called for a one-year cap at 10%, but ...
Tuesday was a deadline for President Donald Trump's 10% cap on credit card interest rates. Now he's calling on Congress to ...
The first step, consumer finance experts say, is to ask your card issuer to reduce the rate. And with average balances now $6,500, consider using your tax refund to put a dent in the debt.
Trump called for a one-year cap on credit card interest rates at 10%. For years, limited regulation has allowed companies to charge high rates, and consumers have fallen further into debt. Some ...
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 ...
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% ...
President Trump started 2026 with new fights on many fronts, including one that may even excite the left-wing flank in Washington — a battle with the consumer lending industry. On Truth Social last ...
Americans are racking up credit card debt, and it's costing them even more to get rid of it. It's a piece of the affordability debate that has caught the attention of both parties. In a move that has ...