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President Trump reiterated his desire for a credit-card interest rate cap this week. On paper, that’s a huge problem for issuers of plastic. But if the experience of other industries that have faced ...

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 ...

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) ...

Jan 12 (Reuters) - A proposed one-year cap on credit card interest rates backed by U.S. President Donald Trump could reduce borrowing costs for some consumers but also limit credit availability, ...

We Need a Private-Sector Overhaul of U.S. Space Exploration Chasing Platforms Instead of Ambulances: Social Media Liability Trial Kicks Off in California The Administration’s War on Drug Development ...

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 Donald Trump on Friday called for a one-year, 10% cap on credit card interest rates, saying the American public is being “ripped off” in a Truth Social post. Trump called for the cap to come ...

President Donald Trump demanded a 10% cap on credit card interest rates on Friday, vaguely citing “affordability” as the reason for the change. The demand comes a month after he dismissed the term as ...

The Gresham Police Department is warning people to be on the lookout for telltale signs of credit-card skimmers. Surveillance footage in a video police posted on Facebook shows a man and two women ...

Total U.S. credit card debt rose to $1.23 trillion in the third quarter of 2025, an increase of $24 billion from the previous quarter and up about 50 percent over the past five years, according to the ...