Trump credit card plan would be 'disaster', JP Morgan boss Dimon warns
Source: BBC
US President Donald Trump's proposal to cap credit card costs would be "an economic disaster", the boss of one of the world's biggest banks has warned.JPMorgan Chase chief executive Jamie Dimon said the plan would remove credit from the majority of Americans and hit restaurants, retailers, travel firms and schools.Trump this month wrote on Truth Social that interest rates on credit cards should be limited to 10%…
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