Banks criticize Trump’s push for 10 percent credit card interest rate cap
President Donald Trump has called on credit card companies to cap interest rates at 10 percent for a year, effective from Jan. 20, without specifying how the proposal could be implemented or enforced.
Banks balk at Trump's push for 10% cap on credit card interest rates …
1 day ago · Reviving a campaign pledge, President Trump wants a one-year, 10% cap on credit card interest rates, a move that could save Americans tens of billions of dollars but drew immediate …
Trump urges credit card companies to slash interest rates to 10%
President Trump called for a one-year cap on credit card interest rates late Friday, an idea that has drawn strong support from lawmakers in both parties but pushback from card issuers.
Trump announces 10 percent credit card cap as banks push back
Donald Trump has revived a campaign pledge for a one-year, 10 percent cap on credit card interest rates, a move he suggests could save Americans tens of billions of dollars. The proposal, however ...
Trump’s call for 10% credit-card cap aims at banks’ crown jewels
2 days ago · 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 doggedly.