Jan 12 (Reuters) - U.S. banks and financial institutions ‌on Monday pushed back against President Donald Trump's proposed ‌cap on credit card interest rates, citing new data that showed it would ...

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 ...

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. A Jan. 10 White House X post included an ...

President Donald Trump is calling for a 10% cap on credit card interest rates. The average credit card interest rate was recently reported to be between 19.65% and 21.39%. Bipartisan bills to cap ...

President Trump is proposing a 10% interest cap on credit cards; here’s why a financial expert says this could cause issues. President Trump proposed a cap on credit card interest, but banks are ...

President Trump has proposed capping credit card interest rates at 10% APR for a year. The cap could help borrowers pay off credit card debt faster with less interest. But analysts say lenders may ...

Reviving a campaign pledge, President Donald Trump wants a one-year, 10% cap on credit card interest rates, a move that could save Americans tens of billions of dollars but drew immediate opposition ...