US Bank Stocks Drop As Trump Proposes Credit Card Interest Rate Cap – The Daily Hodl
US bank stocks are sliding after President Trump proposed a cap on credit card interest rates. Shares of major banks including Citigroup, JPMorgan Chase, Wells Fargo and Bank of America fell between 1% and 3%. Card-focused companies such as Visa, Mastercard and American Express also declined, while Capital One dropped nearly 7%. Trump said late...
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