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Wall Street executives warn Trump: Stop attacking the Fed and credit card industry AP NewsThe biggest hurdle to Trump's credit card proposals? His own party. PoliticoBanks warn consumers will be hurt by Trump's 10% cap on credit card interest rates ReutersJPMorgan Chase says banks could fight Trump credit card rate cap: 'Everything's on the table' CNBC
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The biggest hurdle to Trump's credit card proposals? His own party. PoliticoWall Street Is Suddenly on the Defensive With the President The Wall Street JournalBanks warn consumers will be hurt by Trump's 10% cap on credit card interest rates ReutersWall Street executives warn Trump: Stop attacking the Fed and credit card industry AP News
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JPMorgan Profit Falls on Investment-Banking Miss, Apple Card Charge The Wall Street JournalJPMorgan Chase & Co. Q4 Earnings Call Highlights Yahoo FinanceJPMorgan Chase tops estimates as trading revenue exceeds expectations CNBCJPMorgan, Bank of New York Mellon Diverge On Earnings Results Investor's Business Daily
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The defense comes after Jerome Powell pushed back on what he described as pressure by the Trump administration to cut interest rates in the United States.
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JPMorgan Chase CEO Jamie Dimon marks 20 years as CEO this month. Insiders say he remains as involved as ever managing the sprawling operations of the megabank.
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Federal Reserve Board Chair Jerome H. Powell accused the Justice Department of using the investigation to pressure the central bank to lower interest rates.
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JPMorgan Chase has reached a deal to take over the Apple credit card from Goldman Sachs, the two banks said late Wednesday.
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