No law dictating a 10% interest rate cap is on the books, and passing one through both chambers in just over a week would be a major challenge. An effort to impose an executive order on private-sector ...

In a Truth Social post, President Trump stated that he would no longer let Americans be ripped off by credit card companies charging consumers 20% to 30%. While this sounds good on the surface, I ...

President Trump's latest proposal concerns a cap on credit card interest rates, but I believe it is unfeasible. A 10% cap would eliminate U.S. cashback programs, restrict credit access for riskier ...

The recent 10% credit-card interest-rate cap proposed by Donald Trump triggered a frenzy of responses from the financial giants. JPMorgan Chase CEO Jamie Dimon warned of an “economic disaster,” a view ...