President Trump has proposed a 10% credit card interest rate cap for one year to ease high borrowing costs. The idea could help people with credit card debt save on interest. However, banks and ...
President Trump is demanding a 10% cap on credit card interest rates to slash record debt. Current APRs exceed 21%, costing ...
Trump’s 10% credit card interest cap sounds like consumer relief, but Wall Street is panicking, credit could tighten, and the politics behind the promise may matter more than the policy itself.