This is read by an automated voice. Please report any issues or inconsistencies here. Behind the credit card, ubiquitous in American economic life now for decades, stand a very few gigantic financial ...

The bipartisan Credit Card Competition Act, reintroduced earlier this month, is supported by the restaurant industry but opposed by credit unions. The Credit Card Competition Act — first introduced in ...

Bank of America is considering whether to offer a credit card with interest capped at 10% for a year, a person familiar with the bank’s thinking told NBC News on Thursday. President Donald Trump ...

Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. Debit and credit cards may look the same at checkout, both ...

President Trump had set Jan. 20 as a deadline for credit card companies to lower their interest rates to 10% for one year. Now that the date has arrived, most banks and card issuers have largely kept ...

WASHINGTON, Jan 20 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Tuesday it was not unreasonable to have a discussion on the practices of credit card companies and a number of things can ...

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 ...

Visa faces regulatory headwinds from proposed credit card interest rate caps and competition bills, but I maintain a buy rating. V's exposure to interest rate caps is limited versus issuers; its ...

South Korea’s KB Kookmin Card is stepping into the crypto future with a newly filed patent for a hybrid payment system that lets users pay with stablecoins through their existing credit cards. KB ...

On Friday, President Trump called for a one-year cap of 10% on credit card interest rates, set to begin Jan. 20. Without congressional legislation, implementing a rate cap would likely be challenging.

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 ...