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News

Trump’s call for 10% credit-card cap aims at banks’ crown jewels

(Bloomberg) — President Donald Trump’s demand that credit-card lenders cap interest rates at 10% for a year takes aim at one of the banking industry’s crown jewels — a business line they guard doggedly. After…

Editor 5 min read
Trump’s call for 10% credit-card cap aims at banks’ crown jewels

Regulatory Whiplash

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