The Trump administration is floating a new proposal aimed at expanding access to credit cards after the president's calls for a 10% cap on credit card interest rates were met with pushback from the ...

Earlier this month, President Donald Trump publicly called for credit card interest rates to be capped at just 10% for one year. The national average APR is currently just under 20%. On the surface, ...

Industry experts agree that a 10% interest rate cap could lead to the cancellation or severe restriction of credit card accounts for up to 90% of cardholders – specifically those with credit scores ...

House Speaker Mike Johnson, R-La., pushed back on a proposal from President Donald Trump to cap the interest that credit card companies can charge borrowers. "I talked with him about it briefly ...

President Donald Trump's call for a 10% cap on credit card interest rates could impact access to credit cards for many American consumers while also impacting small businesses. Trump on Friday ...

JPMorgan Chase CFO Jeremy Barnum said the industry could fight President Donald Trump's demand for credit card price controls. Banks and industry insiders say a proposed 10% cap on credit card ...

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, ...

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 ...

Ramp Card Review 2026: Is It Worth It? Your email has been sent Our Ramp corporate card review covers features, fees, pros & cons, and how it compares with Brex & Divvy for growing businesses. Ramp is ...

President Trump on Friday called on credit card companies to cap interest rates at 10% for one year, beginning later this month. “Please be informed that we will no longer let the American Public be ...

WASHINGTON, Jan 10 (Reuters) - U.S. President Donald Trump said on Friday he was calling for a one-year cap on credit card interest rates at 10% starting on January 20 but he did not provide details ...