While major banks, including JPMorgan Chase and Citi, warned that a 10% credit card cap would reduce access to credit, some ...
JPMorgan, Citigroup and Wells Fargo this week separately said limiting borrowing costs on credit cards would harm their ...
The US president has called for interest rates on credit cards to be capped at 10% for one year.
A 10% rate cap would make large swaths of the credit card industry unprofitable, especially tied to customers with ...
NEW YORK -- Reviving a campaign pledge, President Donald Trump wants a one-year, 10% cap on credit card interest rates, a ...
President Donald Trump noted at the Detroit Economic Club that he's calling to cap credit card rates at 10 percent for a year ...
His declaration requires congressional approval to become law and could restrict some consumers' credit availability.
WASHINGTON, Jan 10 (Reuters) - U.S. President Donald Trump said on Friday he was calling for a one-year cap on credit card ...
President Trump revived a campaign promise to cap interest rates, but it is unclear how he would make that a reality.
Trump revives campaign pledge to cap credit card interest rates at 10%, potentially saving Americans billions. Credit card ...
Everything’s on the table,” an executive at JPMorgan Chase said, as the industry seeks to head off President Trump’s effort ...
President Donald J. Trump has called for a temporary cap of 10 percent on credit card interest rates in an apparent attempt ...
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