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Jamie Dimon: Trump's Credit Card Cap Would Be an "Economic Disaster"

Dimon warned at Davos that Trump's credit card interest rate cap could harm 80% of Americans.

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Business Insider
Political Correspondent
Published: 1/21/2026
Updated: 1/22/2026
8 min read
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Business Insider reports on Jamie Dimon: Trump's Credit Card Cap Would Be an "Economic Disaster"

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If President Donald Trump gets his way on credit cards, JPMorgan Chase CEO Jamie Dimon predicts chaos — but more on the streets of American towns than in the walls of his own bank.

"It would be an economic disaster," Dimon said when asked about Presi...

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Mike Chen2 hours ago

Finally some real action on climate change. This legislation is long overdue and I hope it passes quickly despite the opposition from oil-dependent provinces.

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Jennifer Walsh3 hours ago

As someone who works in Alberta's energy sector, I'm concerned about the economic impact. The transition fund sounds good in theory but will it actually help workers like me?