A bill to limit the interest rate on credit cards has been introduced in Congress. The banking industry says capping rates ...

New legislation in Congress that would cap credit card interest rates at 10% that has the backing of President Trump could ...

Evan Coleman is an Updates Editor on the Credit Cards and Travel Rewards team at Forbes Advisor, showcasing his interest in personal finance and love of travel. He has written for a variety of ...

Sanders and Hawley’s bill comes after President Donald Trump vowed in the 2024 race to temporarily cap credit card interest ...

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

Senators Bernie Sanders and Josh Hawley say they will propose a 10 percent limit on credit card interest rates.

Factors like your debt-to-income ratio, your income and existing debt all influence the interest rate on your credit card.

Josh Hawley, Bernie Sanders Propose Capping Credit Card Interest Rates At 10% ...

The average credit card interest rate is 22.80%, according to November 2024 Federal Reserve data — a significant jump from the average 16.98% rate in 2019. However, the current credit card ...

If the Hawley–Sanders legislation passes, the government will set a price cap on what credit card companies charge for ...

Weak lending presents potential for future economic growth if interest rates are lowered. Read why I am more bearish about ...

Sen. Bernie Sanders of Vermont and Sen. Josh Hawley, a Republican from Missouri, introduced legislation to cap credit card ...