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.

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 ...

Senators Bernie Sanders and Josh Hawley say they will propose a 10 percent limit on credit card interest rates. By Rob Copeland Finance reporter Two senators plan to introduce a bill on Tuesday to ...

Bernie Sanders, I-Vt., and Josh Hawley, R-Mo., introduced a bill on Tuesday that would cap credit card interest rates at 10% − an effort by two lawmakers who rarely see eye to eye. Credit card ...

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

This week, Sens. Bernie Sanders (I-VT) and Josh Hawley (R-MO) introduced a bill that would cap credit card interest rates at 10% for five years. On the campaign trail, President Donald Trump ...

A new bipartisan bill introduced by a pair of senators would cap credit card interest rates in an effort to help consumers and fulfill one of President Donald Trump's campaign promises.

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

The median annual percentage rate (APR) on credit cards is near 25%. Credit card companies charged consumers more than $105 billion in interest in 2022, according to the Consumer Financial ...

Sen. Bernie Sanders of Vermont and Sen. Josh Hawley, a Republican from Missouri, introduced legislation to cap credit card interest rates at 10% this past Tuesday. The legislation would be in ...