As he sought to recapture the White House in 2024, Donald Trump promised to "put a temporary cap on credit card interest rates at 10%." During his presidency, bipartisan lawmakers have introduced ...

New legislation pointed at capping credit card interest rates at 10% will erase card rewards for most consumers, financial experts told the Washington Examiner. Sens. Bernie Sanders (I-VT) and ...

Senators Bernie Sanders, I-Vt., and Josh Hawley, R-Mo., introduced a bill this week that would cap credit card interest rates at a 10% annual percentage rate (APR) for five years.

Missouri GOP Senator Josh Hawley introduced a bill that would cap credit card interest rates at 18%, which critics say could impact those with imperfect credit or consumers' rewards.

The Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act recently passed the U.S. Senate; a ...

History suggests the bill isn’t likely to pass. Hawley proposed a more modest cap on card rates, 18%, in 2023. That measure died. Bank industry leaders predict Congress will not warm to this one.

A Fed rate cut could lower mortgage and credit card costs for borrowers this summer. However, financial experts warn that ...

The most recent credit card statement to hit my mailbox used a different format than I'd seen before. It also included some of the plainest language about the terms of my account that I had ever ...

The credit card reform bill just passed by Congress includes tough new provisions that will legally ban some of the most egregious behavior by banks. But as in all such laws, the devil is in the ...