Visa and Mastercard could face mixed short-term effects as reduced credit availability might curb transactions but lower rates could boost consumer spending volumes. Are you ahead, or behind on ...

A proposed legal settlement between Visa, Mastercard and U.S. merchants could soon change how some shoppers pay at checkout. The move could potentially lead to declined transactions or extra fees for ...

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The president revived a campaign promise he has not actively pursued since taking office. By Stacy Cowley President Trump on Friday called for a one-year cap limiting credit card interest rates to 10 ...

President Trump on Friday night called on credit card companies to cap interest rates at 10 percent. “Please be informed that we will no longer let the American Public be ‘ripped off’ by Credit Card ...

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 ...

President Donald Trump on Friday called for a one-year, 10% cap on credit card interest rates, saying the American public is being “ripped off” in a Truth Social post. Trump called for the cap to come ...

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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 immediate opposition ...

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 ...

Visa (V) and Mastercard (MA) operate as payment networks that earn transaction fees rather than interest income. Their business models insulate them from Trump’s proposed 10% credit card rate cap.