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Financial Market News
You are at:Home»Posts Tagged "credit" (Page 3)

Trump wants to cap credit card interest at 10%. Is that good for consumers

By FinMar NewsJanuary 28, 2026

U.S. President Donald Trump’s proposal that credit card interest rates be capped at 10 per cent could bring short-term relief to some consumers but is likely…

Wall Street braced for a private credit meltdown. The risk is rising

By FinMar NewsJanuary 24, 2026

The sudden collapse last fall of a string of American companies backed by private credit has thrust a fast-growing and opaque corner of Wall Street lending…

Bank of America may introduce credit card with 10% APR

By FinMar NewsJanuary 23, 2026

Bank of America is weighing whether to launch a new credit card that would comply with President Trump’s push to temporarily cap card interest rates at 10%,…

Jamie Dimon says U.S. should impose Trump credit card rate cap in Vermont,

By FinMar NewsJanuary 21, 2026

Jamie Dimon, CEO of JPMorgan Chase, speaks at the American Business Forum at the Kaseya Center in Miami on Nov. 6, 2025.Chandan Khanna | AFP |…

Credit unions, fintech and the AI inflection of financial services

By FinMar NewsJanuary 19, 2026

Artificial intelligence has shifted rapidly from a peripheral innovation to a structural component of modern financial services. In banking, payments, and wealth management, to name but…

As Trump’s deadline for a credit card rate cap looms, banks have only

By FinMar NewsJanuary 17, 2026

NEW YORK — President Donald Trump a week ago told the credit card industry it had until Jan. 20 to comply with his demand for a…

Kevin Hassett pivots to possible ‘Trump cards’ amid credit card battle

By FinMar NewsJanuary 17, 2026

Kevin Hassett, director of the National Economic Council, speaks to members of the media outside the White House in Washington, DC, US, on Friday, Oct. 24,…

The 10% Ceiling: Trump’s Credit Card Interest Cap Proposal Shakes Wall

By FinMar NewsJanuary 12, 2026

The financial markets opened to a sea of red this Monday morning as President Donald Trump’s latest economic offensive—a proposed 10% cap on credit card interest…

President pushes to cap credit card interest at 10% as banks balk

By FinMar NewsJanuary 11, 2026

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…

Banks balk as Trump pushes for 1-year, 10% cap on credit card interest

By FinMar NewsJanuary 10, 2026

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…

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