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    JPMorgan CEO Dimon warns credit card rate cap will be an economic disaster - Reuters

    AI Summary1 min read

    TL;DR

    JPMorgan CEO Dimon warns that a proposed 10% cap on credit card rates, advocated by Trump, could lead to economic disaster by impacting Wall Street profits and consumer debt dynamics.

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    JPMorgancredit card rate capeconomic disasterTrumpWall Street
    1. JPMorgan CEO Dimon warns credit card rate cap will be an economic disaster  Reuters
    2. Trump called for a 10% cap on card rates by Jan. 20. What happened?  USA Today
    3. Trump’s affordability pledge strikes directly at the heart of Wall Street’s profit engine  CNN
    4. Trump's 10% credit card cap deadline is here. Will card companies comply?  CBS News
    5. Trump's proposed credit card cap spotlights Americans' debt. Would it help?  BBC

    Wednesday, January 21, 2026 1:14 PM

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