Interest Rate Caps on Credit Cards Topic of White Paper From CRS
May 27, 2025
May 27, 2025
WASHINGTON, May 27 (TNSLrpt) -- The Congressional Research Service issued the following In Focus white paper (No. IF12861) on May 22, 2025, by financial economics specialists Karl E. Schneider and Andrew P. Scott.
Here are excerpts:
* * *
Interest Rate Caps on Credit Cards
Congress has paid attention to the costs associated with credit cards, one of the most popular payment options for consumers today. For example, the 118th Congress debated wh . . .
Here are excerpts:
* * *
Interest Rate Caps on Credit Cards
Congress has paid attention to the costs associated with credit cards, one of the most popular payment options for consumers today. For example, the 118th Congress debated wh . . .