A bipartisan pair of senators want to cap your credit-card interest at less than half the typical rate. They may have President Trump's support—but banks aren't so excited.
The key to building a credit card strategy is to tailor your card usage to how you already spend, experts say.
New legislation in Congress that would cap credit card interest rates at 10% that has the backing of President Trump could reshape financial services, though it would carry a cost.
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An unlikely pairing of Senators have come together to go after something nobody likes, credit card interest rates, as they’ve ballooned to almost 30%.