His declaration requires congressional approval to become law and could restrict some consumers' credit availability.
Amid voter concern about the economy and affordability, President Donald Trump announced a new policy: a 10% cap on credit card interest rates for one year.
Trump's 10% credit card rate cap is meant to help struggling borrowers, but industry data shows 80% of accounts could be cut off, hitting those borrowers hardest.
Trump, who is under pressure to address voter concerns over the cost of living, on Friday called ‍for a one-year cap on ...
With credit card interest rates near modern highs, President Trump says he wants to cap the rates for one year.
Trump is calling for a credit card interest rate cap of 10%. Here are some ways consumers can get funds if access to credit ...
Trump called for interest on credit cards to be capped for a year. UBS thinks that would end up hurting credit availability ...
A proposed one-year cap on credit card interest rates backed by U.S. President Donald Trump could reduce borrowing costs for ...
Bank stocks slid after markets opened on Monday, following President Donald Trump’s call for a one-year cap on credit card ...
Trump proposed a one-year 10% cap on the interest rates that American credit card companies can charge customers. Shares of ...
Abstract: Health insurance is a valuable service that provides consumers with access to essential medical assistance during critical times. There is a substantial monetary effect from the complicated ...
A federal judge in New York temporarily blocked the Trump administration from freezing roughly $10 billion in federal funding ...