Card issuers may need to scale back on rewards if they can’t earn as much on interest. These issuers would face the biggest hits.

Even people who don't use credit cards pay more for everyday goods because merchants raise prices to cover card fees, said Klarna's CEO.

President Donald Trump has floated the possibility of a one-year rate cap ...

A proposed 10% cap on credit card interest rates could restrict access to credit for millions of Americans. Industry experts agree that a 10% interest rate cap could lead to the cancellation or severe ...

President Trump’s proposed plan to cap credit card rates at 10% have sent big waves through the financial scene, causing ...

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 ...

President Donald Trump’s proposed 10% cap on credit card interest rates is politically attractive but, if implemented as a blunt one-year price ceiling, would likely push banks to shut down or shrink ...

A former Senior Publishing Editor on the Dow Jones Newswires team at The Wall Street Journal, Aaron earned a Bachelor's degree in Economics from the University of Michigan and a Master's in Journalism ...

NEW YORK — Silicon Valley fintech giant Bilt Rewards announced an overhaul of its credit cards on Wednesday, which notably will include an introductory rate on all card users’ interest rates at 10% ...

Klarna's CEO backs Trump's one-year plan to cap credit card interest rates. Sebastian Siemiatkowski says high rates trap lower-income borrowers in costly debt. He says credit card rewards mainly ...

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 ...

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 ...