JPMorgan’s Dimon says credit card rate cap would spell ‘economic disaster’

From Reuters.

JPMorgan Chase CEO Jamie Dimon said the Trump administration’s proposed 10% cap on credit card interest rates would spell "economic disaster," leaving everyday consumers without access to crucial credit.

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Read the story here: https://www.reuters.com/business/davos/jpmorgan-ceo-dimon-says-credit-card-rate-cap-will-be-an-economic-disaster-2026-01-21/

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