Trump's 10% Credit Card Cap Plan Hit AmEx Stock Hard
A proposed 10% cap on credit card interest could lower consumer costs but risks prompting banks to restrict lending, potentially harming consumers and the broader economy.
More Americans may turn to alternative lenders as Trump pushes for caps on student loans and credit card interest rates
New caps on student-loan borrowing and proposed credit-card rate limits could push Americans toward private and personal loans, boosting demand in lending markets.