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Search results for: "Interest rate". 2 articles found.

GOP breaks with Trump on credit card interest rate cap proposal

The Hill - 18 hours 24 min ago
Many Republicans are flatly rejecting President Trump's proposal for a one-year 10-percent cap on credit card interest rates, warning that it will be unsustainable in the long run. Trump's proposal echoes a long-standing push by progressive Democrats and a few conservative firebrands on Capitol Hill to implement credit card interest rate caps, which would limit...
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Trump, AOC and Bernie: Capping credit card rates unites right and left as banks issue warnings

NBC News - 20 hours 21 min ago
A decades-long drive to cap credit card interest rates has received a sudden jolt from President Donald Trump and widespread pushback from banks.
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