Interest Rate Cap Example - Search News

Trump's 10% credit card rate cap

CBS Miami on MSN · 9h

President proposes 10% credit card interest rate cap

Starting next week, a new plan from the President will cap credit card interest rates at 10% for one year—a major drop from the current U.S. average of about 20%.

Continue reading

· 1d · on MSN

Trump floats 1-year, 10% credit card interest rate cap — what that could mean for your money

President Trump demands credit card companies cap interest rates at 10%, but here’s why you shouldn’t wait on Washington to get relief

Republicans Aren't Interested In Trump's Idea To Cap Credit Card Interest Rates

WASHINGTON — Republicans on Capitol Hill don’t like President Donald Trump’s proposal to cap credit card interest rates at 10%, shooting down the latest attempt by the president to lean into populist ...

Continue reading

JPMorgan says Trump's credit card cap would hurt consumers and the economy

Dimon warns Trump’s criticism of Fed’s Powell could boost inflation

Wall Street falls with financials amid credit card rate plan concern

"Financials are getting hit by Trump's credit-card proposal," said Tim Ghriskey, senior portfolio strategist at Ingalls & Snyder in New York.

Continue reading

Trump calls for a 10% cap on credit card interest rates

Credit-card stocks are sliding, but Trump’s plan for a 10% rate cap isn’t a done deal