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Latest reporting and analysis tagged with Trump administration.
A Trump administration proposal to cap credit card interest rates at 10% faces skepticism from experts and banking industry pushback, with concerns about unintended consequences for high-risk borrowers.
White House adviser Kevin Hassett announced a plan allowing retirement fund withdrawals for house down payments, with details to be released by President Trump next week in Davos.
President Trump's first year saw increased oil and gas production through licensing reforms and tariff exemptions, but oversupply and steel tariffs create challenges.
U.S. President Donald Trump's recent appeal to oil executives for major investments in Venezuela's declining oil sector met with mixed reactions, highlighting the country's challenging investment climate and infrastructure decay.
Federal Reserve Chair Jerome Powell revealed a criminal indictment threat from the Justice Department over budget overruns, calling it a pretext for political pressure on interest rates. Bipartisan senators and global central bankers defended Fed independence as markets reacted.
Top US bank executives oppose President Trump's proposed 10% cap on credit card interest rates, warning it would harm low-income consumers, restrict credit, and impact bank earnings.