JPMorgan Chase Warns Trump Rate-Cap Proposal 'Very Bad for Consumers'

'Instead of lowering the price of credit, we'll simply reduce the supply of credit,' the bank's CFO said in an earnings call.

Jan 14, 2026 0

JPMorgan Chase Warns Trump Rate-Cap Proposal 'Very Bad for Consumers'
'Instead of lowering the price of credit, we'll simply reduce the supply of credit,' the bank's CFO said in an earnings call.
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