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

If you were waiting for your credit card interest rate to plummet to 10% on Jan. 20, don't hold your breath.

Tuesday was a deadline for President Donald Trump's 10% cap on credit card interest rates. Now he's calling on Congress to ...

The episode may show the limits of President Trump's ability to cajole the financial industry into voluntarily giving up billions of dollars in revenue.

His declaration requires congressional approval to become law and could restrict some consumers' credit availability.

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

President Donald Trump announced Friday he is calling for a one-year cap limiting credit card interest rates to 10%. Trump blamed the Biden administration for allowing rates to rise as high as 20–30%, ...

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 ...

A proposed 10% cap on credit card interest rates could restrict access to credit for millions of Americans. Industry experts ...

By Manya Saini Jan 12 (Reuters) - A proposed one-year cap on credit card interest rates backed by U.S. President Donald Trump ...