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The Consumer Financial Protection Bureau switched sides and backed a federal lawsuit by banks and business groups seeking to ...
A credit card interest rate cap proposed by Alexandria Ocasio-Cortez comes as APRs jumped to 21% last year.
The Consumer Financial Protection Bureau issued a rule last year limiting late fees to $8, but on Monday it joined a ...
A federal judge has scrapped a rule from the Biden administration that would have placed a cap on credit card late fees.
Two U.S. senators—one who supports socialism, the other who fist-pumped the Jan 6 crowd—just teamed up to propose something everyone might agree on: capping credit card interest rates at 10%. But is ...
Democrat Alexandria Ocasio-Cortez and Republican Anna Paulina Luna teamed up to introduce a bill to limit credit card APRs at 10%.
Capping credit card interest rates is starting to look ... an Urban Institute senior fellow who has studied the impact of interest caps. “You want to maximize the number of people that benefit ...
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