JPMorgan Chase CFO Jeremy Barnum hinted Tuesday the industry could fight President Donald Trump'sdemand for credit card price controls, saying "everything's on the table."
"If you wind up with weak… [+1863 chars]
JPMorgan Chase says banks could fight Trump credit card rate cap: 'Everything's on the table' - CNBC
Banks say a proposed 10% cap on credit card interest rates would result in fewer credit card accounts for Americans and a hit to the U.S. economy.
By:Hugh Son
Source:CNBC
Published:
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