Americans have more than $1 trillion in credit card debt. Could putting a ceiling on credit card interest rates help? With the 2024 presidential race getting close to the home stretch, both candidates are throwing out ideas about how to handle the economy. Kamala Harris is expected to roll out new economic policy proposals Wednesday.

BING NEWS:
  • US Consumer Watchdog Facing Curbs, Scrutiny Following Trump Win
    The CFPB has long been a target of Republicans, who argue the agency under Director Rohit Chopra oversteps its legal authority in writing rules and punishing financial firms. Speaking at a banking ...
    11/13/2024 - 7:33 am | View Link
  • ‘They’re pissed at 25%. Meanwhile India…’ Deepak Shenoy on India’s credit card interest amid Trump’s tax cut promise
    Investor Deepak Shenoy has highlighted that bank’s credit card interest charges in India, excluding GST, far exceed charges in the Unite States, amid Donald Trump’s promise to cap the credit card ...
    11/13/2024 - 3:05 am | View Link
  • 'They're pissed at 25%...': Amid Trump's call for credit card cap, Deepak Shenoy drops a reality check for Indians
    Mastercard monopoly” that traps Americans in debt with hidden taxes. Rallying supporters, Trump vowed, “Let’s get people out of debt, eliminate hidden taxes, and make America wealthy again.” ...
    11/12/2024 - 4:01 am | View Link
  • These tax cuts will go away without action by Congress and Trump
    President-elect Donald Trump pledged to renew the tax cuts that he enacted in his first term, but keeping them around could add trillions to the federal deficit.
    11/12/2024 - 2:30 am | View Link
  • Here's what a new Trump administration could mean for your money, financial advisors say
    It’s best to take a wait-and-see approach before making any sudden moves in response to election results, financial advisors say.
    11/11/2024 - 12:22 am | View Link
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