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Sen. Warren says Trump called her to work on credit card interest rate caps
Republicans on Capitol Hill have lightly thrown cold water on capping credit card interest at 10%.
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cnbc.com
Trump's credit card rate cap plan has unclear path, 'devastating' risks, bank insiders say
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.
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bbc.com
Trump plan to cap credit card costs hits bank shares
The US president has called for interest rates on credit cards to be capped at 10% for one year.
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Trump floats 1-year, 10% credit card interest rate cap — what that could mean for your money
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.
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Sen. Warren says Trump called her to work on credit card interest rate caps
Republicans on Capitol Hill have lightly thrown cold water on capping credit card interest at 10%.
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usatoday.com
Trump's 10 percent cap on credit cards may hurt more than some imagine
President Donald Trump noted at the Detroit Economic Club that he's calling to cap credit card rates at 10 percent for a year. But banks are pushing back.
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fortune.com
Why a proposed 10% cap on credit card interest is rattling big banks | Fortune
The proposal was a major topic this week during earnings calls.
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Kevin Hassett pivots to possible ‘Trump cards’ amid credit card battle with banks
Trump called for banks to cap credit card interest rates at 10%, an idea that has been roundly rejected by industry executives and their lobbyists this week.
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Trump's proposed credit card cap spotlights Americans' debt. Would it help?
President Trump's proposal to cap credit card interest rates at 10% - an idea with bipartisan support - received swift backlash from bank executives.