U.S. House Speaker Mike Johnson on Tuesday said Congress should explore President Donald Trump's idea of imposing a cap on ...
Are there any unintended consequences of this policy? What might they be?
U.S. financial stocks fell in premarket trading on Monday after President Donald Trump called for a one-year cap on credit ...
Shares in banks and credit card firms have fallen after US President Donald Trump called for credit card costs to be capped.
JPMorgan Chase is pushing back on President Trump’s proposed 10% cap on credit card interest rates, with the bank’s top ...
Lowering credit card rates to 10% would most help minimum payers, who face financial and psychological barriers that make ...
Trump’s proposed 10% credit card APR cap is repricing issuers and networks. The market’s reaction is driven by political risk ...
Most of the US Banking stocks, including JPMorgan, Wells Fargo, Citigroup, are part of the Dow Jones, and the fall in these ...
JPMorgan CFO Jeremy Barnum warned that President Trump's proposed 10% credit card interest rate cap could hurt the economy ...
Bank CEOs warned the White House on Tuesday that Trump’s actions will do more harm than good to the American economy. But in ...
Americans' debt loads are at record highs, resurfacing a decadeslong debate on how to prevent companies from maximizing ...
Some of America’s top bankers are warning that the president’s cap on credit card interest rates would prove disastrous for ...