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. Its ...

Abstract: Credit card fraud cares with the illegal use of master card information for purchases. Credit card transactions are often accomplished either physically or digitally. In the manual ...

President Trump says that banks are ripping off Americans who use credit cards. Interest rates are at near-record highs, and Trump has called for a 10% cap on those rates starting today. But it's ...

Trump can’t cap credit card interest rates on his own: Under the Constitution, only Congress can regulate interest rates. High rates reflect risk—but defaults remain relatively low: Average credit ...

Copyright 2026 The Associated Press. All Rights Reserved. Copyright 2026 The Associated Press. All Rights Reserved. A sign for Chase bank is seen on an ATM Tuesday ...

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 ...

President Trump has proposed capping credit card interest rates at 10% APR for a year. The cap could help borrowers pay off credit card debt faster with less interest. But analysts say lenders may ...

Senators Roger Marshall (R-Kansas) and Dick Durbin (D-Illinois) reintroduced the Credit Card Competition Act (CCCA) on Tuesday after President Trump endorsed it earlier that day. The legislation aims ...

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'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 ...

Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, risk management, and public policy. Peter began covering markets at Multex (Reuters) ...

President Donald Trump called for a temporary 10% cap on credit card interest rates but did not provide details on how his plan would come to fruition or how he planned to make credit card issuers ...