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JPMorgan pushes back on Trump proposal for credit card fee cap: 'Everything is on the table'

JPMorgan pushes back on Trump proposal for credit card fee cap: 'Everything is on the table'

JPMorgan Chase is pushing back on President Trump’s proposed 10% cap on credit card interest rates, with the bank’s top finance executive warning that the move would be “very bad for consumers” and force a radical overhaul of one of Wall Street’s most profitable businesses.

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