While subprime borrowers would be hardest ​hit, a cap would lead to higher annual fees for most borrowers and reductions in credit card rewards and more monthly account charges, lenders argued. Some ...

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.

With credit card interest rates near modern highs, President Trump says he wants to cap the rates for one year.

President Donald Trump has said there will be a one-year cap on credit card interest rates set at 10%. What is the average?

There's evidence that capping credit-card interest rates at 10% would save Americans billions of dollars, although banks warn ...

Trump is calling for a credit card interest rate cap of 10%. Here are some ways consumers can get funds if access to credit ...

A 10% cap on interest rates could mean a big hit to earnings at companies like Capital One and Synchrony. But a Jefferies ...