Trump calls for Congress to enact 10% credit card interest rate cap; bank stocks rise
President Donald Trump on Wednesday urged U.S. lawmakers to pass legislation to limit credit card rates to 10%, following his ...
Tag: credit
Jamie Dimon says U.S. should impose Trump’s credit card rate cap in Vermont and Massachusetts
Jamie Dimon, CEO of JPMorgan Chase, speaks at the American Business Forum at the Kaseya Center in Miami on Nov. ...
Modulus Alternatives to launch Rs 2,000 crore private credit fund
Modulus Alternatives, an investment manager with mid-market focus, is ready to unveil its third credit fund of Rs 2,000 crore ...
Sen. Warren says Trump called her to work on credit card interest rate caps
President Donald Trump called Sen. Elizabeth Warren, D-Mass., on Monday to work together on capping interest rates on credit cards."He ...
Hassett pivots to possible ‘Trump cards’ amid credit card interest rate battle with banks
Kevin Hassett, director of the National Economic Council, speaks to members of the media outside the White House in Washington, ...
ACA enrollment ends today in most states, as tax credit compromise stalls in Congress
As the window for Americans to enroll in an Affordable Care Act health plan closes in most states today, millions ...
Under threat from Trump, Wall Street banks wager they can fend off credit card price controls
Mark Mason, then CEO of Citi Private Bank, speaks during the Global Wealth Management Summit in New York, June 17, ...
JPMorgan Chase says banks could fight Trump credit card rate cap: ‘Everything’s on the table’
JPMorgan Chase CFO Jeremy Barnum hinted Tuesday the industry could fight President Donald Trump's demand for credit card price controls, ...
Trump’s credit card rate cap plan has unclear path, ‘devastating’ risks, bank insiders say
Bank executives were sent scrambling over the weekend after President Donald Trump declared late Friday that American credit card companies ...
Moody’s says the banking system, private credit markets are sound despite worries over bad loans
Despite worries over bad loans at midsize U.S. banks, there's little evidence of a systemic problem, according to a senior ...
