Banks and financial services stocks slid Monday after U.S. President Donald Trump called for a 10%, one-year cap on credit card interest rates.
Capital One shares dropped 6% in midday trading and S… [+2557 chars]
Capital One drops 6%, other banks hit after Trump calls for credit card rate cap - CNBC
Posting on Truth Social, Trump 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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