President Donald Trump has floated the possibility of a one-year rate cap ...

President Trump’s call for a cap promises to save Americans billions in interest but also can lead to tightened access to credit.

As part of a series of efforts to make life more affordable, President Donald Trump aims to help Americans with credit-card ...

The U.S. Constitution gives Congress the power to write laws regulating commerce and financial markets — including ...

President Donald Trump noted at the Detroit Economic Club that he's calling to cap credit card rates at 10 percent for a year. But banks are pushing back.

President Trump says he wants to cap credit card interest rates at 10% for a year by Jan. 20. CBS News business analyst Jill Schlesinger breaks down if the president has the ability to cap rates and ...

In a new push to address affordability concerns on voters’ minds before the midterm elections, President Donald Trump ...

Credit card interest rates are near record highs and President Trump has called for a 10% cap on those rates starting Tuesday.

Bankers argue that the proposal is often framed as consumer‑friendly, but consumers could face reduced access to affordable credit. Some 47% of credit cardholders report having a credit card balance, ...

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 cap ...