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 ...
If your card balances have ballooned, whether from year-end holiday spending or unexpectedly higher expenses, here are some ...
Many credit cards offered by major retailers continue to charge exorbitant annual percentage rates, despite moves by the Federal Reserve to lower interest rates in the economy. In a report released ...
Visa and Mastercard announced a new proposal with U.S. merchants in a 20-year-long legal battle over interchange, or swipe, fees. The proposal includes a temporary reduction in swipe fees and could ...
On Friday, Jan. 9, President Trump shared a message on Truth Social calling for a credit card interest rate cap starting Jan. 20, 2026 — just 11 days after posting. His proposal would cap rates at 10% ...
The Federal Reserve cut rates by a quarter point in October — the second cut of 2025. Another quarter-point cut is widely expected when the Fed meets next week, though chair Jerome Powell isn't ...