"No more delays. It’s time to deliver relief for American families," U.S. Sen. Elizabeth Warren, D-Mass., said.

A cap on rates sounds like a dream for borrowers, but experts warn it could turn into a nightmare for some.

President Donald Trump called for credit card companies to cap interest rates at 10%, roughly half the industry average, effective Jan. 20. That date arrived, and credit card rates have hardly budged.

The senator says her bill emulates a proposal by the JPMorgan Chase CEO to let states determine their own card interest rate ...

President Donald Trump’s push to get credit card companies to voluntarily cap interest rates at 10% has gone nowhere. But consumer advocates say Americans strug ...

The episode may show the limits of President Trump's ability to cajole the financial industry into voluntarily giving up billions of dollars in revenue.

This article discusses President Donald Trump's recent call for a one-year cap of 10% on credit card interest rates and the reactions from Wall Street and financial analysts.

At first glance, proposals like the Credit Card Competition Act and President Donald Trump’s idea to cap credit card interest ...

The recent 10% credit-card interest-rate cap proposed by Donald Trump triggered a frenzy of responses from the financial giants. JPMorgan Chase CEO Jamie Dimon warned of an “economic disaster,&r ...

A proposal pitched as a way to help consumers struggling with interest rates is unsettling the financial sector. As President ...

Implementing a 10 percent cap on credit card interest rates would result in a significant reduction in credit availability, ...