Credit curbs: US banks flag risks to lending as Trump pushes 10% cap on card rates; consumers, small firms may take hit

US banks are raising concerns over President Trump’s proposed 10% cap on credit card interest rates, warning it could limit credit access and harm consumers and small businesses. Industry groups argue such a move would …

US banks are raising concerns over President Trump’s proposed 10% cap on credit card interest rates, warning it could limit credit access and harm consumers and small businesses. Industry groups argue such a move would be devastating and push users towards riskier alternatives, despite shared goals of affordability.

CJ Roy
Real Estate Tycoon CJ Roy Found Dead: A Tragic End Amid Income Tax Raid Pressure

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Who is Jane Lauder? Wife of Fed chair pick Kevin Warsh is billionaire Ronald Lauder’s daughter

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