Topic
Latest reporting and analysis tagged with Credit Card Rates.
Major US banks reported Q4 2025 earnings this week, with stocks falling over policy risks like a proposed credit card rate cap. Executives warned the cap would harm consumers and the economy.
JPMorgan Chase CFO Jeremy Barnum cautioned that President Trump's proposed 10% cap on credit card interest rates could harm consumers, especially those most in need, during the bank's Q4 earnings call.
The fourth quarter earnings season started with reports from Delta Air Lines and JPMorgan Chase. Bank executives warned a proposed 10% credit card APR cap could restrict consumer credit access.
President Trump demands credit card companies lower interest rates to 10% by Jan. 20, citing a Truth Social post. Industry warns of reduced credit access and impacts on rewards.