JPMorgan Says ‘Everything’ on Table to Fight 10% Credit Card Cap

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Why This Matters

JPMorgan Chase warns that a proposed 10% credit card rate cap could significantly impact its business, potentially harming the bank and its customers, amidst a decline in investment-banking fees.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

JPMorgan Chase & Co. warned that President Donald Trump’s call for a 10% cap on credit card rates threatens to “significantly change” its business and would harm the biggest US bank and customers. This comes after the JPMorgan Chase & Co.’s investment-banking fees unexpectedly fell in the fourth quarter, missing the firm’s own guidance from just last month as revenue from both underwriting and advising on mergers declined. (Source: Bloomberg)

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Original article published by Bloomberg on January 13, 2026.
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