JP Morgan’s Jamie Dimon warns of ‘economic disaster’ after Trump calls for 10% cap on credit card interest rate
JPMorgan Chase CEO Jamie Dimon on Wednesday (January 21) warned that President Donald Trump’s proposed 10% cap on credit card interest rates would be an “economic disaster,” saying it would shut millions of Americans out of the credit system. Speaking at the World Economic Forum in Davos, the head of the largest US bank said…