credit cards

On Monday’s broadcast of the Fox Business Network’s “Varney & Co.,” former Trump Economic Adviser Stephen Moore responded to President Donald Trump pushing for a cap on credit card interest rates by saying that “wage and price controls are always, always,

Richard Hunt, the executive chairman of the Electronic Payments Coalition (EPC), said at a Breitbart News policy event last week that Sens. Dick Durbin (D-IL) and Roger Marshall (R-KS) are trying to take away your credit card rewards with their credit card legislation.

Citigroup announced an end to its discriminatory policy against the firearms industry, alluding to President Trump’s executive orders.

New York Gov. Kathy Hochul (D) signed new controls into law last week, including one that allows credit cards to track ammunition purchases.

The Department of Government Efficiency (DOGE) is working to “simplify” the federal government’s credit card program — which spent nearly $40 billion in Fiscal Year 2024 — announcing they will “report back” in one week after working to “reduce admin costs.”

Rep. Riley Moore (R-WV) introduced legislation late last week that will prevent credit cards from using a special merchant category code (MCC) to track sales of guns and ammunition.

A bipartisan credit card interest cap bill has sparked significant debate over if the bill amounts to “debanking on steroids” or if it provides “meaningful relief to working people.”

American credit card defaults have risen to the highest levels since the aftermath of the 2008 financial crisis as consumers grapple with years of high inflation.

Sens. Roger Marshall (R-KS) and Dick Durbin (D-IL) are scheming to slip their credit card legislation into a defense bill during the lame-duck session.

Sen. Dick Durbin (D-IL) touted a Justice Department lawsuit against Visa after previously pushing two government agencies to probe opponents of his credit card bill.

Gov. Chris Sununu (R) signed legislation on July 12 blocking credit card companies from tracking firearm and firearm-related sales in New Hampshire.

Gov. Kay Ivey (R) signed legislation making Alabama the 15th state to ban credit card companies from tracking gun and gun-related purchases. 

Delinquency rates among American credit card holders are at an all-time high, according to a Federal Reserve Bank of Philadelphia report.

Sen. Roger Marshall (R-KS) is reportedly holding up a must-pass spending bill for vote on his and Sen. Dick Durbin’s (D-IL) special interest credit card bill.

Brian Kelly, founder of The Points Guy, believes Senators Roger Marshall (R-KS) and Dick Durbin’s (D-IL) credit card bill will ax associated rewards programs, which Americans increasingly rely on in Biden’s economy.

During an interview with the Fox Business Network on Wednesday, Treasury Secretary Janet Yellen answered a question on record credit card spending by stating that we still have strong credit quality and delinquencies have gone up a small amount from

Sens. Dick Durbin and Roger Marshall are pushing Joe Biden to weaponize the federal government against opponents of their credit card bill.

Debt is just another version of the Company Store — a way to keep you down, so you keep working every day, keep loading those 16 tons.  

Bidenflation has been a one-two punch to U.S. consumers, hitting them first on prices of goods and second on the cost of debt that financed their purchases.

On Thursday’s broadcast of MSNBC’s “Morning Joe,” Steve Rattner, who served as counselor to the Treasury Secretary in the Obama administration, and also serves as the show’s Economic Analyst, stated that default rates on credit cards and auto loans have

Credit card balances rose by $48 billion to $1.08 trillion.

The CEOs of Delta and United Airlines warned that Sen. Dick Durbin’s Credit Card Competition Act could eliminate Americans’ rewards programs.

A man identified as Jordan Neely’s uncle was reportedly arrested Monday while allegedly having stolen credit cards in his possession.

Gov. Ron DeSantis (R) signed legislation Friday that prohibits credit card companies from tracking gun sales in Florida.

Conservatives and community banks across the political spectrum are sounding the alarm over an onerous payment processing bill worming its way through the Florida legislature.

The United States Chamber of Commerce is applauding President Joe Biden’s nominee to lead the World Bank, former Mastercard CEO Ajay Banga.

President Joe Biden has nominated former Mastercard CEO Ajay Banga to lead the World Bank — the first time a credit card executive has been chosen for the spot. The nomination comes as Biden pitches himself as a defender of American consumers and an enemy of the banking industry. 

Credit growth still looks healthy. No sign of panic reliance on credit yet.

More Americans are taking on credit card debt as skyrocketing inflation for basic necessities continues to burden families.

Gabby Giffords’ gun control group, Giffords, is calling on major credit card companies to flag gun and ammunition purchases. 

Prices are rising faster than wages, forcing households to increasingly turn to credit cards.

Takeout and delivery orders have offered many restaurants a financial lifeline during the coronavirus lockdown. But some dining establishments are falling prey to a new kind of dine and dash in which customers dispute legitimate credit card charges related to an order, forcing the restaurant to foot the entire bill.

A six-year-old might have put himself on Santa’s naughty list this holiday season after he racked up $16,000 in video game charges on his mother’s credit card.

A steep drop in credit card use in October signals concern about the economy.

Credit card giant Visa is warning its cardholders that cyber criminals are targeting gas pumps in order to steal personal credit card data.

According to the financial website WalletHub, some cities across America are better places than others for veterans to settle down.