Trump seeks to cap credit card interest rates
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If President Donald Trump's proposal for a cap on credit card interest rates is enacted, it "would be a chaotic contraction of the rewards ecosystem," points and miles expert Tiffany Funk says.
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JPMorgan Chase, AmEx, Capital One and more stocks dive. Trump’s credit-card plan sparks panic.
While it isn’t clear how Trump may enact his plan, the stocks were getting hit badly in premarket trading Monday.