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

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

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

Nearly two-thirds of voters support a 10% cap on credit card interest rates, even if it means fewer rewards programs or tougher access to credit.

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 ...

(Bloomberg) -- As part of a series of efforts to make life more affordable, President Donald Trump aims to help Americans with credit-card debt. After demanding on social media that credit-card ...

Amid voter concern about the economy and affordability, President Donald Trump announced a new policy: a 10% cap on credit card interest rates for one year. Amid voter concern about the economy and ...

Jan 21 (Reuters) – JPMorgan Chase CEO Jamie Dimon warned on Wednesday that a proposal to cap credit card interest rates would amount to economic disaster, while U.S. President Donald Trump doubled ...

JPMorgan Chase CEO Jamie Dimon issued a stern warning about President Donald Trump's credit card rate cap at the World Economic Forum in Davos on Wednesday, saying that it would be an "economic ...