Banks say a proposed 10% cap on credit card interest rates would result in fewer credit card accounts for Americans and a hit to the U.S. economy.
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Read moreDetailsHome » JPMorgan Chase says banks could fight Trump credit card rate cap: ‘Everything’s on the table’
Banks say a proposed 10% cap on credit card interest rates would result in fewer credit card accounts for Americans and a hit to the U.S. economy.
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