President Donald Trump's push to clamp down on credit card costs has collided with a fragile financial system, rattling bank stocks on both sides of the Atlantic and igniting warnings that a ...
JPMorgan CEO Jamie Dimon said a temporary interest rate cap could limit credit access for millions of Americans.
Credit card debt has reached crisis levels, with the average American cardholder now owing $7,886. When combined with interest rates near 23%, this creates a situation where monthly interest charges ...
Trump's year-long cap on credit card interest is "well-intentioned," say experts, but it poses significant risks.