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

A bipartisan pair of senators want to cap your credit-card interest at less than half the typical rate. They may have President Trump's support—but banks aren't so excited.

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

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

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

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

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 ...

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

On Tuesday, two U.S. senators proposed a bill that would cap credit card interest rates at 10%. While a 10% cap would help consumers exponentially with their credit card debt, it could have ...

Our opinions are our own. A low interest credit card saves you money by reducing the cost of debt: When you're paying less in interest, you can pay back what you've borrowed more quickly.

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