Browsing: Cap

Key insights: Amex’s earnings beat analyst estimates on revenue but missed on EPS. What’s at stake: Amex is in the midst of a refresh of its premium…

Key insights: Bread Financial beat analysts’ estimates on revenue and net income for the quarter ended Dec. 31, 2025 as credit sales ticked up and delinquencies…

President Donald Trump on Wednesday urged U.S. lawmakers to pass legislation to limit credit card rates to 10%, following his social media post this month ordering…

Jamie Dimon, CEO of JPMorgan Chase, speaks at the American Business Forum at the Kaseya Center in Miami on Nov. 6, 2025.Chandan Khanna | AFP |…

Key insight: Trump continued to call on Congress to pass credit card legislation. Expert quote: “Whatever happened to usury?”  — President Donald Trump.What’s at stake: Earlier in…

Key insight: Treasury Secretary Scott Bessent avoided confronting the rate cap directly, but argued banks already are benefitting from deregulation elsewhere.Supporting data: Bessent argued that banks…

Earlier this week, President Donald Trump took to social media in support of a cap on credit card interest rates, saying Americans are being “ripped off”…

Key insight: Bank CEOs are expressing alarm about the potential impacts of President Trump’s call for a 10% limit on credit card interest rates.What’s at stake:…

US President Donald Trump during a meeting with oil executives in the East Room of the White House in Washington, DC, US, on Friday, Jan. 9,…

Key insights: A 10% interest-rate cap could reduce lending volume and earnings for payment companies.What’s at stake: Credit card debt is at record highs, with consumers…