Interest Rates

Fed’s Cook Says AI Productivity Boom May Call for Broader Policy Toolkit
Fed’s Cook Says AI Productivity Boom May Call for Broader Policy Toolkit
February 24, 2026  |  artificial intelligence

Federal Reserve Governor Lisa Cook said in a Tuesday (Feb. 24) speech that rapid advances in artificial intelligence (AI) could pose new challenges for the...

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Citi Executive Warns Rate Cap Would Kill Credit for Lower-Income Consumers
Citi Executive Warns Rate Cap Would Kill Credit for Lower-Income Consumers
February 11, 2026  |  Credit Cards

The Trump Administration’s proposed 10% cap on credit card interest rates would harm access to credit as well as consumer spending in several sectors of...

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Bank of America and Citi Consider Offering Credit Cards With 10% Interest Rate
Bank of America and Citi Consider Offering Credit Cards With 10% Interest Rate
January 22, 2026  |  Credit Cards

Bank of America and Citigroup are reportedly considering offering credit cards with a 10% interest rate in response to President Donald Trump’s demand for a cap on rates. Get...

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JPMorgan’s Dimon Says 10% Rate Cap Would Hurt 80% of Americans
JPMorgan’s Dimon Says 10% Rate Cap Would Hurt 80% of Americans
January 21, 2026  |  Credit Cards

JPMorgan Chase CEO Jamie Dimon said a 10% credit card interest rate cap would be catastrophic, Reuters reported Wednesday (Jan. 21). Get the Full Story...

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Citigroup’s Fraser Says Rate Cap Would Restrict Access to Credit
Citigroup’s Fraser Says Rate Cap Would Restrict Access to Credit
January 20, 2026  |  Credit Cards

Citigroup Chair and CEO Jane Fraser said Tuesday (Jan. 20) that she does not expect Congress to support the 10% cap on credit card interest...

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Bilt Debuts Cards With 10% Cap As Trump Seeks Lower Rates
Bilt Debuts Cards With 10% Cap As Trump Seeks Lower Rates
January 14, 2026  |  Credit Cards

Bilt has debuted three credit cards letting homeowners earn points on their mortgage payments. Get the Full Story Complete the form to unlock this article and...

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JPMorgan CFO Says Proposed Credit Card Caps Would Hurt Consumers
JPMorgan CFO Says Proposed Credit Card Caps Would Hurt Consumers
January 13, 2026  |  Credit Cards

A JPMorgan Chase official says the banking industry could fight proposed credit card price caps. Get the Full Story Complete the form to unlock this...

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President Trump Seeks 10% Cap on Credit Card Interest Rates
President Trump Seeks 10% Cap on Credit Card Interest Rates
January 11, 2026  |  Credit Cards

President Donald Trump has called for a one-year, 10% cap on credit card interest rates. Get the Full Story Complete the form to unlock this...

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Colorado Court Ruling Puts BNPL Lending Models Under Fresh Pressure
Colorado Court Ruling Puts BNPL Lending Models Under Fresh Pressure
November 19, 2025  |  BNPL

Buy now, pay later (BNPL)’s rapid expansion across retail, travel, healthcare and even everyday essentials has made it one of the fastest-growing credit products in...

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