The Trump administration is floating a new proposal aimed at expanding access to credit cards after the president's calls for a 10% cap on credit card interest rates were met with pushback from the ...

A decades-long drive to cap credit card interest rates has received a sudden jolt from President Donald Trump — and widespread pushback from banks. Trump said Friday he wants to put a one-year 10% cap ...

Bankers argue that the proposal is often framed as consumer‑friendly, but consumers could face reduced access to affordable credit. Some 47 percent of credit cardholders report having a credit card ...

President Trump revived a campaign promise to cap interest rates, but it is unclear how he would make that a reality. By Stacy Cowley and Niko Gallogly Banks and lenders have been in a tizzy ever ...

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, ...

In a move aimed at easing economic pressures on American households, President Trump is calling for a temporary 10% cap on credit-card interest rates. Trump didn’t offer any details on how the ...

President Trump on Friday called on credit card companies to cap interest rates at 10% for one year, beginning later this month. “Please be informed that we will no longer let the American Public be ...

This is read by an automated voice. Please report any issues or inconsistencies here. Trump revives campaign pledge to cap credit card interest rates at 10%, potentially saving Americans billions.

Visa and Mastercard could face mixed short-term effects as reduced credit availability might curb transactions but lower rates could boost consumer spending volumes. Follow 24/7 Wall St. on Google By ...