New legislation in Congress that would cap credit card interest rates at 10% that has the backing of President Trump could reshape financial services, though it would carry a cost.

A bill would cap credit card rates at 10%, something Trump promised on the campaign trail. Will Trump follow through? Will consumers benefit?

Amid surging credit card interest rates and rising delinquencies, a bill with bipartisan support would cap rates at 10%, about half the current average, for five years. The legislation would ...

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.

Bernie Sanders, I-Vt., to introduce an arbitrary 10% cap on credit card interest rates, something that President Donald Trump did float during the election. However, while Trump is doing a ...

In his "Divine Comedy," Italian poet Dante Alighieri reserved a special place in the Seventh Circle of Hell for people who ...

Senators Bernie Sanders and Josh Hawley introduced a bill last week that would cap credit card interest rates at 10%. Banks said a cap that low would significantly decrease the number of people it ...