President Trump has proposed a 10% credit card interest rate cap for one year to ease high borrowing costs. The idea could help people with credit card debt save on interest. However, banks and experts warn it may limit credit access,

This week, the nation’s largest banks reported a broadly disappointing set of quarterly earnings, marking the first stumble after a yearlong spree of rising markets and softening regulations paid off ...

Industry analysis submitted by the Electronic Payments Coalition estimates that between 82% and 88% of existing card accounts — essentially all accounts tied to credit scores under 740 — would be clos...