# Credit card debt mounts amid Democrats’ push to cap interest rates

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2 outlets covering · First listed: The Hill, Nov 10, 2026, 4:58 PM · Read it: <https://thehill.com/business/6212089-democrats-push-interest-caps/>

New data shows Americans’ credit card balances are mounting, as some Democratic lawmakers push for capping interest rates. Credit card balances increased by $22 billion in the third quarter, an increase of 1.7 percent relative to the second quarter, the Federal Reserve Bank of New York reported Tuesday. Credit card debt for this year topped…

## Who's covering it

In the order they published:

- Nov 10, 2026, 4:58 PM: [Credit card debt mounts amid Democrats’ push to cap interest rates](<https://thehill.com/business/6212089-democrats-push-interest-caps/>) — The Hill (Newspaper, United States)
  New data shows Americans’ credit card balances are mounting, as some Democratic lawmakers push for capping interest rates. Credit card balances increased by $22 billion in the third quarter, an increase of 1.7 percent relative to the second quarter, the Federal Reserve Bank of New York reported Tuesday. Credit card debt for this year topped…
- Nov 10, 2026, 4:58 PM: [Credit card debt mounts amid Democrats’ push to cap interest rates](<https://news.google.com/rss/articles/CBMimAFBVV95cUxOTG5weFFjWjE4eXZjeUN0MkxDYmMtbkx4bTJ0eklOSWZGYUxRX1EtU0dMczdoMWpFaVAyNll3OVUySnBCcGkyMWk0ZTJRR1ZtRzNvNG1taGlpU1JxTThHT2hoV0cwS0J0azg2eTNJM2F3T1I1Z1h2eHY1R0w5OHJfc2F2bkg4Z0d4YVpDOWdlNWE0TmlkeUtYYQ?oc=5>) — Yahoo Finance (Business & finance, United States)