A proposed one-year cap on credit card interest rates backed by U.S. President Donald Trump could reduce borrowing costs for some consumers but also limit credit availability, pressure bank profits ...

The recent 10% credit-card interest-rate cap proposed by Donald Trump triggered a frenzy of responses from the financial giants. JPMorgan Chase CEO Jamie Dimon warned of an “economic disaster,” a view ...

President Donald Trump proposes that Congress cap credit-card interest rates at 10% for one year. Bank stocks fluctuated as investors doubted the cap would become law or impact earnings. Consumers ...

President Donald Trump's move to place a 10% cap on credit card interest could affect more than just banks. It could affect airlines and retailers and could drive consumers to other sources of lending ...

NEW YORK, Jan 16 (Reuters) - U.S. banks on Tuesday face a tricky political test in how to address a call from President Donald Trump to cap credit card interest rates - leaving the finance industry ...