#consumer-credit-access

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US politics
fromwww.aljazeera.com
1 day ago

JPMorgan's Dimon calls credit card interest rate caps a economic disaster'

Capping credit-card interest at 10% would likely force lenders to curtail credit access, cutting off millions of consumers and risking significant economic disruption.
US politics
fromBusiness Insider
1 day ago

JPMorgan CEO Jamie Dimon said Trump's proposed 10% cap on credit card rates would be an 'economic disaster'

A one-year 10% cap on credit card interest could strip credit from 80% of Americans and harm consumers, restaurants, retailers, and municipalities.
US news
fromBusiness Insider
1 week ago

Citi CFO: We 'would' and 'could' not back Trump's credit card caps

A 10% credit card interest-rate cap would restrict access to credit and harm the economy, Citi warns.
US politics
fromwww.mediaite.com
1 week ago

Trump Ally Stephen Moore Warns President's Latest Economic Move Usually Leads to Disaster'

Capping credit card interest rates at 10% will fail, risk cutting credit access for millions, and cause market disruption and reduced credit availability.
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