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 ...