Pres. Trump calls for credit card rate cap
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11hon MSN
JPMorgan CFO warns Trump's proposed credit card cap could cause people to 'lose access to credit'
JPMorgan CFO Jeremy Barnum warned that President Trump's proposed 10% credit card interest rate cap could hurt the economy and reduce access to credit for consumers who need it most.
President Donald Trump calls Sen. Elizabeth Warren to discuss capping credit card interest rates at 10%, finding common ground with progressive Democrats on affordability.
Wall Street's relationship with the Trump administration is souring. Bank executives warned the White House on Tuesday that President Trump's policies and the Justice Department's investigation into Federal Reserve Chairman Jerome Powell could harm the economy.
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