The reintroduction of the Credit Card Competition Act in January 2026 has major implications for the U.S. payments ...
Consumer credit is less expensive elsewhere in the world because of greater competition and tougher regulation.
Bank of America is considering whether to offer a credit card with interest capped at 10% for a year, a source told NBC News ...
President Donald Trump noted at the Detroit Economic Club that he's calling to cap credit card rates at 10% for a year.
The bipartisan Credit Card Competition Act, reintroduced earlier this month, is supported by the restaurant industry but ...
Two weeks ago, President Donald Trump shocked the banking industry by announcing his support for capping credit card interest ...
The Credit Card Competition Act would cut down on credit card swipe fees for consumers and has the backing of President Trump ...
Industry experts agree that a 10% interest rate cap could lead to the cancellation or severe restriction of credit card accounts for up to 90% of cardholders – specifically those with credit scores ...