Not Your Advisor
Not Your Advisor
Strong finish 🎧 #588 (Jan 12)
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Strong finish 🎧 #588 (Jan 12)

Covering 17 of the NYA Safety 30 today

Trump’s credit card rate cap plan has unclear path, ‘devastating’ risks, bank insiders sayDaily Stock Markets covered in under 15 min. No ads. No politics! Easy to follow for your morning coffee, dog walk or commute

  • Trump proposed a one-year 10% cap on the interest rates that American credit card companies can charge customers.

  • Shares of Citigroup, JPMorgan Chase, Wells Fargo, Bank of America, Visa, Mastercard, American Express and Capital One fell in response.

  • It’s unclear how the cap would be enforced, and bank industry insiders say it would have unintended consequences for consumers and the American economy.


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