The legislation would allow merchants to route transactions over multiple card networks, boosting competition, cutting costs for ...

President Trump has called for a 10% cap on credit card interest rates. What to know to get a lender's best rates sooner.

The U.S. Constitution gives Congress the power to write laws regulating commerce and financial markets — including ...

President Donald Trump has endorsed U.S. Sen. Dick Durbin’s plan to lower swipe fees, which are 2-to-4% fees charged to consumers for using a credit card.

The President has called for a 10% interest rate cap and endorsed the Credit Card Competition Act. Michael Miebach expressed ...

President Donald Trump's desire to cap credit card rates, though gaining bipartisan momentum, has hit resistance among Congress' top Republicans.

"Affordability" seems to be the byword in Washington political circles at the moment. Both parties are saying there's not ...

Democratic Sens. John Fetterman (Pa.), Cory Booker (N.J.) and Tammy Baldwin (Wis.) introduced legislation Thursday to cap credit card late fees at $8. Their proposal, the Credit Card Fairness Act, ...

In his final year in office. Illinois Sen. Dick Durbin will try once again to pass his Credit Card Competition Act bill.