ABA, OBA, Other State Bankers Associations Oppose Credit Card Rate Caps to Bill – Oklahoma Bankers Association

ABA, OBA, other state bankers associations oppose credit card rate caps to bill – Oklahoma Bankers Association

In a letter to the Senate late last month, the American Bankers Association, the OBA and 51 other state bankers associations expressed strong opposition to any effort to attach the 10 Percent Credit Card Interest Rate Cap Act as a poison-pill amendment to the unrelated GENIUS Act or any other legislative vehicle. The associations outlined why the legislation, which would impose an all-in annual percentage rate  cap at 10 percent on credit cards,…

New Polling Shows Voters Oppose Credit Card Price Controls - Taxpayers Protection Alliance

New Polling Shows Voters Oppose Credit Card Price Controls Taxpayers Protection Alliance June 3, 2025 For Immediate ReleaseContact: Kara Zupkus (224) 456-0257WASHINGTON, D.C. – Today, a new national GrayHouse survey of 1,000 registered voters, commissioned by the Taxpayers Protection Alliance (TPA), reveals a strong consumer preference for the current credit card syst…