As he sought to recapture the White House in 2024, Donald Trump promised to "put a temporary cap on credit card interest rates at 10%." During his presidency, bipartisan lawmakers have introduced ...

New legislation pointed at capping credit card interest rates at 10% will erase card rewards for most consumers, financial experts told the Washington Examiner. Sens. Bernie Sanders (I-VT) and ...

Senators Bernie Sanders, I-Vt., and Josh Hawley, R-Mo., introduced a bill this week that would cap credit card interest rates at a 10% annual percentage rate (APR) for five years.

Missouri GOP Senator Josh Hawley introduced a bill that would cap credit card interest rates at 18%, which critics say could impact those with imperfect credit or consumers' rewards.

The Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act recently passed the U.S. Senate; a ...

History suggests the bill isn’t likely to pass. Hawley proposed a more modest cap on card rates, 18%, in 2023. That measure died. Bank industry leaders predict Congress will not warm to this one.

The most recent credit card statement to hit my mailbox used a different format than I'd seen before. It also included some of the plainest language about the terms of my account that I had ever ...