Banks Ready Battle Plans to Save Their Credit Card Businesses
14 hours ago · The battle over credit card rates heats up President Trump’s demand for a 10 percent cap on credit card interest rates took banks by surprise.
JPMorgan Chase says banks could fight Trump credit card rate ...
1 day ago · JPMorgan Chase CFO Jeremy Barnum said the industry could fight President Donald Trump's demand for credit card price controls. Banks and industry insiders say a proposed …
Wall Street warns Trump: Fed attacks and credit card cap ...
10 hours ago · JPMorgan is one of the nation’s biggest credit card companies, with its customers collectively holding $239.4 billion in balances with the bank, and having major co-brand …
Wall Street executives warn Trump: Stop attacking the Fed and ...
1 day ago · 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 …
Trump Declares War on Credit Card CompaniesHis New Plan …
Donald Trump has proposed a temporary 10% cap on credit card interest rates. We explore the potential benefits for consumers and the fierce backlash from banks.
Banks balk as Trump pushes for 1-year, 10% cap on credit card ...
4 days ago · Reviving a campaign pledge, President Donald Trump wants a one-year, 10% cap on credit card interest rates, a move that could save Americans tens of billions of dollars but …
The biggest hurdle to Trump’s credit card proposals? His own ...
1 day ago · “President Trump is right: working Americans are drowning in record credit card debt while the biggest credit card issuers get richer and richer by hiking their interest rates to the …