Steve Forbes lays out the unintended consequences of President Trump’s proposal to cap credit card interest rates at 10%.
The plan would see rates temporarily capped at 10 percent, a proposal that has received broad backing from U.S. voters.
The Federal Reserve cut rates by a quarter point in October — the second cut of 2025. Another quarter-point cut is widely expected when the Fed meets next week, though chair Jerome Powell isn't ...
President Trump is calling for a 10% cap on credit card interest rates for one year, an idea that has drawn strong support from lawmakers in both parties but pushback from card issuers. "Please be ...
Americans want to pay off credit card debt in 2026. Here are three proven strategies to pay it off faster -- including one ...
Although the Federal Reserve hasn't changed its benchmark since December, the average credit card interest rate keeps inching higher. In part, card issuers are trying to protect themselves from ...