President Donald Trump’s proposal for a one-year, 10% cap on credit card interest rates has struck a chord in debates about affordability — and set up a potential clash with Wall Street.
FILE - Several VISA and MASTER credit cards are shown in Buffalo Grove, Ill., Thursday, Feb. 8, 2024. (AP Photo/Nam Y. Huh, File) (Nam Y. Huh, Copyright 2024 The ...
The Federal Reserve cut rates by a quarter point in October — the second cut of 2025. Another quarter-point cut is widely expected when the Fed meets next week, though chair Jerome Powell isn't ...