Tuesday was a deadline for President Donald Trump's 10% cap on credit card interest rates. Now he's calling on Congress to ...
Card issuers may need to scale back on rewards if they can’t earn as much on interest. These issuers would face the biggest hits.
A proposed 10% cap on credit card interest rates could restrict access to credit for millions of Americans. Industry experts agree that a 10% interest rate cap could lead to the cancellation or severe ...
Opinion
1don MSNOpinion
Opinion: Trump’s plan to cap credit rates is good — if it’s not just talk
President Trump, under pressure to bring down the painfully high cost of living, announced at Davos that he is calling on Congress to cap credit card interest rates at 10 percent for one year.
The episode may show the limits of President Trump's ability to cajole the financial industry into voluntarily giving up billions of dollars in revenue.
Money Digest on MSN
Trump wants a credit card interest rate cap (but there's one major problem)
While interest rates are crushing many Americans financially, a recently announced change to interest laws could potentially do more harm than good.
President Trump's proposal to cap credit card interest rates at 10% - an idea with bipartisan support - received swift ...
8don MSNOpinion
Jamie Dimon says U.S. should impose Trump's credit card rate cap in Vermont and Massachusetts
JPMorgan Chase CEO Jamie Dimon on Wednesday advocated for a test of President Donald Trump's proposed credit card rate cap in ...
It wasn't immediately clear how the president plans to enforce the policy, which he said would take effect later this month. President Donald Trump is calling for a cap on credit card interest rates ...
Opinion
15don MSNOpinion
Hiltzik: Trump is demanding a 10% cap on credit card interest. Here's why that's a lousy idea
Trump's demand to cap credit card rates at 10% is a crowd-pleaser, but might cause more problems than it solves.
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