President Donald Trump has said his plan to impose a temporary cap on credit card interest rates would curb “abuse” by U.S. lenders, but this has faced pushback from the banking industry, and experts ...

President Donald Trump has floated the idea of putting a one-year cap on credit card interest rates at 10%. "They've really abused the public," Trump told reporters aboard Air Force One Monday, ...

Jan 12 (Reuters) - U.S. financial stocks and UK-listed lenders fell on Monday as President Donald Trump's call for a one-year cap on credit card interest rates threatened a key revenue stream for the ...

If successful in enacting a one-year cap on credit-card interest rates, President Donald Trump could dramatically alter financial-sector earnings and business models. But investors shouldn’t panic ...

In a move aimed at easing economic pressures on American households, President Trump is calling for a temporary 10% cap on credit-card interest rates. Trump didn’t offer any details on how the ...

Ali Hussain has a background that consists of a career in finance with large financial institutions and in journalism covering business. Thana Prasongsin / Getty Images The average credit card balance ...

This is read by an automated voice. Please report any issues or inconsistencies here. Trump revives campaign pledge to cap credit card interest rates at 10%, potentially saving Americans billions.

Bill Ackman said President Donald Trump's call for a one-year cap on credit card interest was a "mistake." The hedge fund billionaire said a rate cap could lead to millions having credit cards ...

The president revived a campaign promise he has not actively pursued since taking office. By Stacy Cowley President Trump on Friday called for a one-year cap limiting credit card interest rates to 10 ...

President Donald Trump says he’s keeping a campaign promise to make carrying credit-card debt cheaper for Americans, writing in a social-media post Friday night that he would cap interest rates on ...

President Trump on Friday night called on credit card companies to cap interest rates at 10 percent. “Please be informed that we will no longer let the American Public be ‘ripped off’ by Credit Card ...

NEW YORK (AP) — Reviving a campaign pledge, President Donald Trump wants a one-year, 10 percent cap on credit card interest rates. The move could save Americans tens of billions of dollars—and aligns ...