JPMorgan CEO Dimon said that Trump's push to cap rates at 10 percent would result in consumers losing access to credit.
JPMorgan CEO Dimon said that Trump’s push to cap rates at 10 percent would result in consumers losing access to credit.
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JPMorgan Chase CEO Jamie Dimon pushed back on calls by the administration of United States President Donald Trump to cap credit card interest rates, claiming that if Congress follows through, it would result in an “economic disaster”.
Dimon made his comments on Wednesday at the World Economic Forum in Davos, Switzerland.
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