Politicians have long been tempted by price ceilings. From rent controls to gas price caps, legally restricting prices has ...

FIRST ON FOX: Former Trump economic advisor and Unleash Prosperity’s Steve Moore has sounded the alarm over a plan by senators Josh Hawley and Bernie Sanders to cap credit card interest rates at 10%.

In 2019, sponsors Rep. Alexandria Ocasio-Cortez (D-N.Y.) and Sen. Bernie Sanders (I-Vt.) would have limited credit-card annual interest rates including finance charges to 15 percent. If such a measure ...

A bill to limit the interest rate on credit cards has been introduced in Congress. The banking industry says capping rates ...

As he sought to recapture the White House in 2024, Donald Trump promised to "put a temporary cap on credit card interest rates at 10%." During his presidency, bipartisan lawmakers have introduced ...

New York — Americans would save roughly $100 billion a year in interest costs if President Donald Trump’s campaign proposal to cap credit card interest rates at 10% were implemented, according to a ...

Research from Vanderbilt University implies that President Donald Trump’s credit card rate caps will save consumers billions in interest costs. Trump first introduced his plan during the 2024 ...

Whether grandiose schemes to nationalize healthcare or piecemeal price controls on credit cards, empowering politicians to ...

Americans are carrying more credit card debt than ever before, to the tune of $1.21 trillion, or roughly $6,400 per person. The average credit card interest rate is roughly 21%, according to data from ...