As part of a broader effort to address the affordability crisis, President Trump has proposed capping credit card interest ...
President Donald Trump’s unexpected demand for a cap on credit card interest rates sent financial shares tumbling this week.
President Trump’s proposed 10% cap on interest rates would force issuers to be more selective with their reward programs.
President Donald Trump has unveiled a series of initiatives over the past two weeks to address the ongoing affordability ...
Financial institutions are compensated for taking certain risks around the creditworthiness of borrowers. If you remove those ...
Some of America’s top bankers are warning that the president’s cap on credit card interest rates would prove disastrous for ...
Ultimately, Apple went with JPMorgan Chase, who also secured protection in the event “card delinquencies spiked or performance deteriorated in the period after the banks signed the contract.” Chase ...
If Americans are gripped by an affordability crisis, its biggest banks aren’t seeing it. Consumer spending is growing, people are saving and investing too, while losses on bad credit cards are falling ...
The start of 2026 is being marked by Washington picking the stocks that will win and those that won’t says Fundstrat’s Tom ...
Follow the White House as it picks stock-market winners and losers, says Fundstrat's Tom Lee. Fundstrat's Tom Lee says ...
Consumer advocates have long pushed for some limits on credit card rates with little success. Banks have argued that any caps ...