Tuesday was a deadline for President Donald Trump's 10% cap on credit card interest rates. Now he's calling on Congress to ...
A proposal floated by President Trump to temporarily cap credit card interest rates at 10% has opened debate over how much relief borrowers could actually see.
Credit Card Interest Rate: More people have balances on their cards, with the average amount just over $6,500, the credit ...
The first step, consumer finance experts say, is to ask your card issuer to reduce the rate. And with average balances now $6,500, consider using your tax refund to put a dent in the debt.
(CNN) - President Donald Trump is pushing for a 10% cap on credit card rates. It is his latest attempt to quell affordability ...
Credit card debt is exploding in the U.S. According to a recent report from the Federal Reserve Bank of New York, credit card balances grew to $1.23 trillion in the third quarter of 2025, a ...
"It would be an economic disaster, and I'm not making that up because our business … we would survive it, by the way," ...
"It would be an economic disaster," Dimon said when asked about President Donald Trump's proposed one-year 10% cap on credit ...
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.
Of course we want affordability,” Dimon said during an interview with the Economist at the World Economic Forum. But the 10% ...
A week after President Trump demanded a 10% cap on credit card interest rates, top executives at big banks protested the idea in blunt terms.
Customers’ beloved perks are now on the line.
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