New bipartisan legislation has been introduced to immediately enforce an interest rate cap of 10 percent on credit cards.

Alexandria Ocasio-Cortez, D-N.Y., teamed up to push a measure that would cap credit card interest rates at 10%. "The annual percentage rate applicable to an extension of credit obtained by use of ...

New legislation in Congress that was introduced by an unlikely duo of senators seeks to impose a credit card interest rate cap, with the potential for such a bill becoming law aided by President ...

A potential move by the Federal Reserve to ease regulations on capital for U.S. banks that would allow them to hold more ...

Two Millennial congresswomen have become unlikely allies on legislation to cap credit card interest rates at 10% — a policy that President Trump previously pitched on the 2024 campaign trail.

Claire Dickey is a Newsweek senior editor based in Florida. Her focus is reporting on personal finance news, with extensive coverage related to credit cards and banking. Claire joined Newsweek in ...