Banks warn that a 10% interest rate cap could lead to millions of closed credit accounts.

(CNN) - President Donald Trump is pushing for a 10% cap on credit card rates. It is his latest attempt to quell affordability ...

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.

Trump administration officials and allies say they still have big plans for year two, and 2026 already is off to a fast start ...

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Amid voter concern about the economy and affordability, President Donald Trump announced a new policy: a 10% cap on credit ...

President Donald Trump has demanded a 10% cap on credit card interest rates by Jan. 20. Consumer groups, politicians, and ...

Don’t rush to tap that plastic for a new big screen TV or designer duds just yet.

At Davos, President Trump called on Congress to pass two laws to help with housing affordability: a ban on large investors buying up houses, and a 10% cap on credit card interest rates.

It wasn't immediately clear how the president plans to enforce the policy, which he said would take effect later this month. President Donald Trump is calling for a cap on credit card interest rates ...

President Donald Trump has suggested temporarily capping credit card interest rates at 10%, a proposal that could significantly lower borrowing costs for millions of Americans but would require ...

From the industry's perspective, credit card pricing reflects risk. Lowering the ceiling compresses margins on higher-risk borrowers, making those accounts uneconomical. Analysts told Reuters that ...