U.S. President Donald Trump did not provide details on how his plan would come to fruition or how he planned to make credit card companies comply.

Last year, the Trump administration moved to scrap a credit card late fee rule from the era of former President Joe Biden.

Il presidente Usa Donald Trump ha annunciato, per la durata di un anno, un "tetto massimo" del 10% degli interessi sulle carte di credito. (ANSA)

U.S. President Donald Trump did not provide details on how his plan would come to fruition or how he planned to make credit card companies comply.

President demands one-year limit should come into force on January 20 but gave no details

Il presidente ha annunciato su Truth che il provvedimento, già promesso in campagna elettorale, entrerà in vigore il 20 gennaio, per “celebrare” il primo anno …

President Donald Trump wants credit card companies to limit their interest rates to no more than 10% for a year to make them more affordable.

Posting on Truth Social, Trump said said he would "no longer let the American Public be 'ripped off' by Credit Card Companies."

A 10% rate cap would make large swaths of the credit card industry unprofitable, especially tied to customers with less-than-ideal credit, banks say.

The US president has called for interest rates on credit cards to be capped at 10% for one year.

Capital One shares sank Monday after Trump called for a 10% cap on credit card rates, a major profit driver for the company.

President Donald Trump called for a 10% cap on credit card interest rates. Here's what experts say that could mean for cardholders, if implemented.

Capping borrowing costs in the US has bipartisan support, but experts warn of unintended consequences.