JPMorgan Chase signaled it may pursue all available options, including legal action, in response to Donald Trump’s proposed 10% cap on U.S. credit card interest rates, warning such a move could restrict credit supply and harm consumers and the broader economy.
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JPMorgan Says 'All Options on the Table' in Response to Trump’s Credit Card Interest Rate Cap
JPMorgan Chase signaled it may pursue all available options, including legal action, in response to Donald Trump’s proposed 10% cap on U.S. credit card interest rates, warning such a move could restrict credit supply and harm consumers and the broader economy.