JPMorgan CEO Jamie Dimon warned at Davos that Donald Trump’s proposed 10% cap on credit card interest rates would be an “economic disaster,” threatening access to credit for most Americans and impacting sectors beyond banks.
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JPMorgan's Dimon Slams Trump’s Proposed 10% Credit Card Rate Cap as ‘Economic Disaster’
JPMorgan CEO Jamie Dimon warned at Davos that Donald Trump’s proposed 10% cap on credit card interest rates would be an “economic disaster,” threatening access to credit for most Americans and impacting sectors beyond banks.