Credit card issuers are under renewed fire in Washington as persistent inflation leaves many Americans struggling to make ends meet.
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Capital One shares sank Monday after Trump called for a 10% cap on credit card rates, a major profit driver for the company.
U.S. bank stocks fell in morning trading in a broader market decline, as investors awaited clarity on whether the Trump admin's…
A 10% rate cap would make large swaths of the credit card industry unprofitable, especially tied to customers with…
President Trump's proposal to cap credit card interest rates at 10% - an idea with bipartisan support - received swift backlash…
White House’s demand for limit on what issuers can charge rattles investors
Capital One agreed to pay $425 million to settle nationwide litigation accusing it of cheating savings account depositors out of…
