If you are engaged in pseudoscience, it isn’t a good idea to send Feedback a press release about it. We will only make fun of you. We issue this advice in the happy knowledge that nobody who is ...

Phew, that's a lot of questions! I totally get it. Capital One and Discover merged back in May, and Discover customers, like you, are curious about what happens next. Unfortunately, we don't have a ...

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 ...

Bank of America and Citigroup are reportedly considering offering credit cards with a 10% interest rate in an effort to appease President Trump, who recently demanded a cap at that level for one year.

After President Donald Trump asked Congress to pass legislation to cap credit card interest rates at 10% for a year, two large U.S. banks are considering new products that may address the ...

Banks warn cap could reduce credit availability Citigroup CEO doubts Congress will approve rate caps Analysts suggest potential compromise on rate cap proposal Trump administration faces pushback from ...

Bank executives are tiptoeing around President Trump’s call to temporarily cap credit-card interest rates at 10%, opposing the idea while making sure not to antagonize the White House. “First of all, ...

White House National Economic Council Director Kevin Hassett said on Friday that the Trump administration is in talks with major banks about voluntarily issuing “Trump cards” that have a 10% interest ...

Sarina Trangle started as a corporate news reporter in October 2024. She previously spent four years on the business desk at Newsday, covering the health industry, commercial real estate and cannabis.

President Donald Trump's plan to cap credit card interest rates at 10% was met by angry words from bank lobbyists and market declines for issuers. Processing Content Stocks for credit card issuers and ...

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, ...

NEW YORK (AP) — Reviving a campaign pledge, President Donald Trump wants a one-year, 10% cap on credit card interest rates, a move that could save Americans tens of billions of dollars but drew ...