JPMorgan CEO Warns: Credit Card Rate Cap Could Trigger a U.S. Economic Shock

Описание: Could a government decision meant to help consumers actually reduce credit access for millions of Americans?

At the World Economic Forum in Davos, JPMorgan Chase CEO Jamie Dimon issued a stark warning about a proposed cap on credit card interest rates in the United States. According to Dimon, limiting rates to ten percent could remove access to credit for up to eighty percent of Americans who rely on credit cards as emergency financial support.

The proposal, recently raised by U.S. President Donald Trump, aims to address rising living costs ahead of congressional elections. However, it lacks clear details on implementation, enforcement, and legislative approval — raising serious concerns across the financial sector.

In this video, we break down:
• Why banks say a credit card rate cap could backfire
• How reduced credit access could impact consumers, businesses, and local governments
• What Wall Street analysts and other banking CEOs are saying
• Whether this proposal has any real chance of passing Congress
• And the hidden economic consequences many people are overlooking

👉 Stay until the end to understand the key detail that could quietly reshape credit availability in the U.S., even if the proposal never becomes law.

💬 Join the conversation in the comments:
Should the government cap credit card interest rates, yes or no?

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