The plan would see rates temporarily capped at 10 percent, a proposal that has received broad backing from U.S. voters.

Trump's year-long cap on credit card interest is "well-intentioned," say experts, but it poses significant risks.

Steve Forbes lays out the unintended consequences of President Trump’s proposal to cap credit card interest rates at 10%.

President Donald Trump’s push to get credit card companies to voluntarily cap interest rates at 10% has gone nowhere. But consumer advocates say Americans strug ...

President Trump started 2026 with new fights on many fronts, including one that may even excite the left-wing flank in Washington — a battle with the consumer lending industry. On Truth Social last ...

In credit markets, interest rate caps lead to rejected applications, lower credit limits, and tighter underwriting for the ...

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. This ...

At first glance, proposals like the Credit Card Competition Act and President Donald Trump’s idea to cap credit card interest rates at 10 percent sound like clear wins for consumers and businesses ...

The average credit card interest rate is now a whopping 23.79% — a rate that makes it difficult to crawl your way out of credit card debt once you have it. But that rate would be a lot lower if ...

"No more delays. It’s time to deliver relief for American families," U.S. Sen. Elizabeth Warren, D-Mass., said.

President Trump started 2026 with new fights on many fronts, including one that may even excite the left-wing flank in Washington — a battle with the consumer lending industry. On Truth Social last ...