JPMorgan Chase Warns Trump Rate-Cap Proposal ‘Very Bad for Consumers’
The JPMorgan Chase & Co. headquarters along Park Avenue in New York on Sept. 20, 2016. Benjamin Chasteen/The Epoch Times JPMorgan Chase warned on Jan. 13 that President Donald Trump’s proposal for a one-year cap on credit card interest rates would be “very bad for consumers.” On an earnings call with analysts and reporters, JPMorgan