“There have been so many good and important bills to limit interest ... would have established a 36-percent interest rate cap on consumer loans. The proposed legislation didn’t gain any ...

Senators Bernie Sanders and Josh Hawley introduced new legislation that would cap interest rates on credit cards at 10% to fulfill one of President Trump's campaign promises.

A bipartisan pair of senators want to cap your credit-card interest at less than half the typical rate. They may have President Trump's support—but banks aren't so excited.

Trump pledged a 10% cap on card rates. Will he follow through ... There’s a loan being extended to a consumer on good faith, which comes with a cost.” ...

And average interest rates have never fallen to 10% in the ... And depending on what you value most, such a low cap could be both a good thing and a bad thing. In addition, it's unclear what ...

This tariff is currently 6.8% cheaper than existing variable rates and is likely to be around 13% cheaper than the upcoming April Price Cap, so acting now could provide a crucial financial buffer ...

Despite the Federal Reserve's recent cuts, credit card interest rates have been hovering near record highs. A new bipartisan bill would cap them at a dramatically lower figure, but experts say it ...

Sanders and Hawley’s bill comes after President Donald Trump vowed in the 2024 race to temporarily cap credit card interest rates at 10%.