A proposed 10% cap on credit card interest rates may sound appealing on first blush, but some industry experts are warning of unintended consequences. Such a rate cap, they say, could result in more ...

LOUISVILLE, Ky. (WAVE) - What would President Trump’s proposed 10% credit card cap mean for you if the legislation is passed by Congress? Private credit expert and financial thought leader Dean ...

In October 2025, the Ohio Department of Taxation enacted the administrative rule outlining the new procedure for valuing eligible federally subsidized residential rental property in the state. More ...

In early 2026, President Donald Trump talked up a 10% cap on credit card interest rates, but legislation to make it a reality has not advanced in Congress. On Jan. 10, a White House X post included an ...

President Trump, under pressure to bring down the painfully high cost of living, announced at Davos that he is calling on Congress to cap credit card interest rates at 10 percent for one year. Its ...

Key insight: Banks have been much more vocal in opposing President Trump's proposal for a 10% cap on credit-card interest rates, but retailers also have much to lose under such a plan. Supporting data ...

Credit card interest can take a balance that seems manageable and make it balloon — sometimes into an amount that feels totally untenable. Part of the problem is how steep interest rates can be, often ...

During the company’s fourth-quarter earnings call on Thursday, Fairbank argued that “putting a price control in place” will not make credit more affordable, but would instead make credit “less ...

President Donald Trump is once again trying to get banks to cap the interest rates they charge on credit cards. He acknowledged this week that he needs help from Congress to do so. He devoted part of ...

JPMorgan Chase CEO Jamie Dimon issued a stern warning about President Donald Trump's credit card rate cap at the World Economic Forum in Davos on Wednesday, saying that it would be an "economic ...

JPMorgan Chase CEO Jamie Dimon said today that President Donald Trump’s proposed cap on credit card interest rates would be detrimental to the economy, and could strip consumers of access to credit.

CHARLOTTE — President Donald Trump is calling for a one-year 10% cap on credit card interest rates, starting Tuesday. That’s down from an average of about 22%, according to the Federal Reserve. Many ...