JPMorgan CEO Jamie Dimon said Trump's proposed 10% cap on credit card rates would be an 'economic disaster'
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
JPMorgan CEO Jamie Dimon has expressed opposition to a proposed 10% cap on credit card rates, calling it an "economic disaster". However, there is some uncertainty about Dimon's stance, as one report suggests he may support implementing the cap in certain states. Additionally, there appears to be a separate issue between Dimon and Trump, with a report of a lawsuit filed by Trump against Dimon and JPMorgan Chase.
Full coverage
12345678