President Donald Trump has demanded a 10% cap on credit card interest rates by January 20 Politics
‘If a rate cap were imposed through executive action or aggressive regulatory interpretation, I would expect immediate legal challenges,’ one expert said Politics
The president’s rattled the stock market Monday, with some bank and card issuer stocks falling anywhere from 3 percent to 10 percent in pre-market trading Politics
White House’s demand for limit on what issuers can charge rattles investors Politics
Strong resistance is anticipated from Wall Street and credit card companies Politics
The rise in consumer credit borrowing may be a reflection of everyday costs becoming harder to manage without turning to credit, a charity said. Politics