The clock is ticking for credit card companies as a deadline set by President Trump looms. The president has called for a 10% cap on credit card interest rates, but with just days left, there's still a lot of uncertainty about what will happen next. The White House hasn't shared many details about
Banks are in a tough spot right now. President Trump has suggested capping credit card interest rates at 10% for a year. This idea has caused quite a stir in the finance world. Banks are trying to figure out what to do next. The problem is, there's no clear plan on how this cap would work. The Whit
U. S. banks are in a tough spot. President Trump recently suggested capping credit card interest rates at 10% for a year. This idea has sparked confusion and concern across the finance industry. The announcement came with no clear plan on how to enforce it. Banks are left wondering what to do next.
Credit card interest rates are a hot topic right now. President Trump has suggested a 10% cap on these rates. This idea has sparked a debate. On one side, there are people who think it will help consumers. On the other side, banks and credit card companies are against it. Banks say a rate cap will
Trump has been sharing his plans to make things cheaper for regular Americans. He wants to lower mortgage rates and cap credit card interest rates. But not everyone thinks these ideas will work well. He suggested buying $200 billion in mortgage bonds to bring down mortgage rates. He also wants to l
The U. S. Senate has taken a big step to protect people from AI-generated explicit images. A new law, called the Defiance Act, lets victims sue those who create and share these images without permission. This comes after a surge of such content on platforms like X, owned by Elon Musk. The law builds
Big changes might be coming to credit card interest rates. President Donald Trump recently suggested a temporary limit on these rates. He wants a 10% cap for one year, starting in January 2026. This news didn't sit well with banks and financial companies. Their stock prices dropped on Monday. Citi
The idea of capping credit card interest rates at 10% for a year is back on the table, thanks to a push from the President. This proposal, which was part of his campaign promises, has sparked a heated debate. On one side, there are those who believe it could save Americans a significant amount of mo
A prominent investor has raised concerns about a recent proposal to limit credit card interest rates. Bill Ackman, the CEO of a major investment firm, took to social media to criticize President Donald Trump's suggestion of a temporary 10% cap on credit card interest rates. Ackman argued that such
President Donald Trump recently proposed a temporary 10% cap on credit card interest rates. This idea was shared on his social media platform, Truth Social. He wants this cap to start on January 20, which is the one-year mark of his return to the White House. However, he didn't explain how this cap
