Sometimes, closing the account may be the best move. But before you do, make sure you understand the new benefits, the timing of the changes, and the potential credit score impacts. Many or all of the ...

The reintroduction of the Credit Card Competition Act in January 2026 has major implications for the U.S. payments infrastructure, with the ...

The Trump administration is floating a new proposal aimed at expanding access to credit cards after the president's calls for a 10% cap on credit card interest rates were met with pushback from the ...

In a move aimed at easing economic pressures on American households, President Trump is calling for a temporary 10% cap on credit-card interest rates. Trump didn’t offer any details on how the ...

Shares in major credit card lenders tumbled in Monday after President Trump late Friday proposed a 10% cap on the fees these cards charge customers. “Effective January 20, 2026, I, as President of the ...

Bill Ackman said President Donald Trump's call for a one-year cap on credit card interest was a "mistake." The hedge fund billionaire said a rate cap could lead to millions having credit cards ...

President Donald Trump made a huge announcement regarding credit card interest rates, which is set to impact most Americans once it comes to pass. On Friday, Trump took to Truth Social to announce ...

President Donald Trump says he’s keeping a campaign promise to make carrying credit-card debt cheaper for Americans, writing in a social-media post Friday night that he would cap interest rates on ...

President Trump on Friday night called on credit card companies to cap interest rates at 10 percent. “Please be informed that we will no longer let the American Public be ‘ripped off’ by Credit Card ...

President Donald Trump on Friday announced that he would put a temporary cap on credit card interest rates with a limit of 10 percent, in line with an idea he floated on the campaign trail. “Please be ...

President Donald Trump demanded a 10% cap on credit card interest rates on Friday, vaguely citing “affordability” as the reason for the change. The demand comes a month after he dismissed the term as ...

(Bloomberg) --President Donald Trump’s demand that credit-card lenders cap interest rates at 10% for a year takes aim at one of the banking industry’s crown jewels — a business line they guard ...