Most people fear credit cards. He collects them. Manish Dhameja holds a Guinness World Record for owning 1,638 valid credit cards. Not as a joke. Not as a stunt. As a fully functional financial system ...

The proposal is as simple as it is startling — a 10 percent cap on credit card interest rates. This is not the typical tinkering with the tax code or a modest adjustment to banking regulations. It is ...

We live in a nation of unprecedented wealth and income inequality — where a handful of billionaires are getting much richer while the working class falls further and further behind. Just since ...

The bipartisan Credit Card Competition Act, reintroduced earlier this month, is supported by the restaurant industry but opposed by credit unions. The Credit Card Competition Act — first introduced in ...

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President Trump reiterated his desire for a credit-card interest rate cap this week. On paper, that’s a huge problem for issuers of plastic. But if the experience of other industries that have faced ...

President Donald Trump is once again trying to get banks to cap the interest rates they charge on credit cards. He acknowledged this week that he needs help from Congress to do so. He devoted part of ...

Trump says he is asking Congress to cap credit card interest rates JPMorgan CEO says rate cap would cut off credit for 80% of Americans Banking industry pushes back against Trump proposal Trump, under ...

JPMorgan Chase CEO Jamie Dimon issued a stern warning about President Donald Trump's credit card rate cap at the World Economic Forum in Davos on Wednesday, saying that it would be an "economic ...

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President Donald Trump says he’s keeping a campaign promise to make carrying credit-card debt cheaper for Americans, writing in a social-media post Friday night that he would cap interest rates on ...