Two years ago, a controversial dating app was launched and quickly shuttered: for people with good-to-excellent credit. Now, the founder is relaunching it, open to anyone.
Trump can’t cap credit card interest rates on his own: Under the Constitution, only Congress can regulate interest rates. High rates reflect risk—but defaults remain relatively low: Average credit ...
The Trump administration is floating a new proposal aimed at expanding access to credit cards after the president's calls for a 10% cap on credit card interest rates were met with pushback from the ...
Democratic Sens. John Fetterman (Pa.), Cory Booker (N.J.) and Tammy Baldwin (Wis.) introduced legislation Thursday to cap credit card late fees at $8. Their proposal, the Credit Card Fairness Act, ...
JPMorgan execs warn Trump's cap could limit credit access Industry surprised by Trump's social media announcement Some research suggests banks could easily absorb rate cut Trump, who is under pressure ...
House Speaker Mike Johnson, R-La., pushed back on a proposal from President Donald Trump to cap the interest that credit card companies can charge borrowers. "I talked with him about it briefly ...
President Donald Trump has said his plan to impose a temporary cap on credit card interest rates would curb “abuse” by U.S. lenders, but this has faced pushback from the banking industry, and experts ...
President Donald Trump's call for a 10% cap on credit card interest rates could impact access to credit cards for many American consumers while also impacting small businesses. Trump on Friday ...
Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, risk management, and public policy. Peter began covering markets at Multex (Reuters) ...
President Donald Trump has floated the idea of putting a one-year cap on credit card interest rates at 10%. "They've really abused the public," Trump told reporters aboard Air Force One Monday, ...
President Donald Trump called for a temporary 10% cap on credit card interest rates but did not provide details on how his plan would come to fruition or how he planned to make credit card issuers ...
Jan 12 (Reuters) - A proposed one-year cap on credit card interest rates backed by U.S. President Donald Trump could reduce borrowing costs for some consumers but also limit credit availability, ...
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