Wall Street hits back at Trump’s plan to limit interest on credit cards
Banks such as Citigroup and Wells Fargo say capping rates would limit credit and hurt economic growth...
Jan 14Financial TimesPoliticsImpact
Banks such as Citigroup and Wells Fargo say capping rates would limit credit and hurt economic growth...
Bilt Rewards CEO Ankur Jain Taylor Hill/Getty Images Trump has called for a 10% cap on credit card interest rates. Bilt is rolling out a new suite of 3 credit cards offering 10% interest for the first...
Proposed policy changes could lead more consumers to turn to private or personal loans. Tatiana Maksimova/Getty Images New caps on student-loan borrowing could prompt more Americans to turn to private...
Business leaders like Klarna's CEO support Trump's credit card cap proposal, while major banks and investors warn of risks. BRENDAN SMIALOWSKI/AFP via Getty Images Donald Trump proposes a 10% cap on c...
Rural hospital closures limit healthcare for millions of Americans. Thomas Northcut/Getty Images Over `100 rural hospitals have closed since 2005, making it hard for millions to access healthcare. ERs...
Dimon said at Davos that the cap would cause a "disaster." Denis Balibouse/Reuters Jamie Dimon said Trump's proposed cap on credit card interest rates could hurt 80% of Americans. Speaking at ...
China's JY-27A radar didn't appear to be effective during the US raid on Venezuela. US Air Force Photo Venezuela's Chinese air defense radars weren't game-changing during the US raid to capture Maduro...
The US military's renewed focus on the Arctic is exposing the types of weapons it needs for the region. US Air Force photo by Senior Airman Nicholas Paczkowski The US doesn't have the weapons and tech...
A composite image of Jamie Dimon (left) and Donald Trump (right). Tom Williams/CQ-Roll Call, Inc via Getty Images and Harun Ozalp/Anadolu via Getty Images JPMorgan CEO Jamie Dimon and Donald Trump hav...
Pituffik Space Base in Greenland. Ritzau Scanpix/Thomas Traasdahl via REUTERS Pituffik Space Base was established in 1951 as part of a defense treaty between the US and Denmark. Base operations includ...
The turn of the century saw a rise in labor movements as industry grew largely unregulated. Bettmann/Getty Images Trump has credited a 19th-century US president for inspiring his aggressive approach t...
Air Force One Rebecca Blackwell/AP Any Air Force plane carrying a US president is called Air Force One. President John F. Kennedy was the first to use a jet designed specifically for a US president. P...