JPMorgan CFO Jeremy Barnum warned Tuesday that President Donald Trump's push to put a 10% cap on credit card interest rates could hurt the broader economy and reduce access to credit. "What's actually ...
Affirm Holdings remains the leading U.S. BNPL platform, with strong execution, resilient credit metrics, and a multi-year growth runway. AFRM's upcoming quarter, covering the robust holiday shopping ...
House Speaker Mike Johnson, R-La., pushed back on a proposal from President Donald Trump to cap the interest that credit card companies can charge borrowers. "I talked with him about it briefly ...
President Donald Trump has been making inroads with progressive Democrats to discuss affordability, courting an unlikely ally along the way in his pursuit of capping credit card interest rates. Trump ...
The market for premium cards is already hot. President Trump’s call for a temporary cap on credit-card interest rates could make it hotter. In recent years, competition has been intensifying for ...
Trump called for a one-year cap on credit card interest rates at 10%. For years, limited regulation has allowed companies to charge high rates, and consumers have fallen further into debt. Some ...
Bank stocks fell after Trump proposed a one-year 10% cap on credit card interest rates, with lenders warning the move could restrict credit access and hurt profitability. Donald Trump reveals plan to ...
NEW YORK >> U.S. stocks ended lower today, led by a drop in financial shares as comments from JPMorgan executives added to worries about U.S. President Donald Trump’s recent proposal for a cap on ...
Jan 12 (Reuters) - U.S. financial stocks and UK-listed lenders fell on Monday as President Donald Trump's call for a one-year cap on credit card interest rates threatened a key revenue stream for the ...
President Donald Trump is calling for a 10% cap on credit card interest rates. The average credit card interest rate was recently reported to be between 19.65% and 21.39%. Bipartisan bills to cap ...
If successful in enacting a one-year cap on credit-card interest rates, President Donald Trump could dramatically alter financial-sector earnings and business models. But investors shouldn’t panic ...