Key Highlights
- On the surface, a 10% cap on APRs could mean a big hit to credit-card companies’ earnings.
- But a Jefferies analyst thinks it’s “highly unlikely” that Trump gets his way.
Why investors shouldn’t panic yet about Trump’s credit-card rate-cap proposal
On the surface, a 10% cap on APRs could mean a big hit to credit-card companies’ earnings. But a Jefferies analyst thinks it’s “highly unlikely” that Trump gets his way.
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Sources
This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.
