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 ...
President Donald Trump denied that he was involved in the Justice Department's decision to subpoena the Federal Reserve.
His declaration requires congressional approval to become law and could restrict some consumers' credit availability.
Trump is calling for a credit card interest rate cap of 10%. Here are some ways consumers can get funds if access to credit ...
President Donald Trump has said there will be a one-year cap on credit card interest rates set at 10%. What is the average?
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 called for interest on credit cards to be capped for a year. UBS thinks that would end up hurting 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.
With credit card interest rates near modern highs, President Trump says he wants to cap the rates for one year.
There's evidence that capping credit-card interest rates at 10% would save Americans billions of dollars, although banks warn ...
President Trump’s call for a cap promises to save Americans billions in interest but also lead to tightened access to credit.
Wall Street’s newest regulator is about to enter his fourth week on the job, and already, he’s staring down a swelling ...
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