Banks and financial services stocks slid Monday after U.S. President Donald Trump called for a one-year cap on credit card interest rates at 10%.
Citi Group lost 4.32% in premarket trading and JPMo… [+1082 chars]
Banks including Citi, JPMorgan slide after Trump calls for credit card interest rate limit - CNBC
Posting on Truth Social, Trump said said he would "no longer let the American Public be 'ripped off' by Credit Card Companies."
By:Tasmin Lockwood
Source:CNBC
Published:
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