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Chase CEO says Trump's 10% credit card cap would be "a disaster" as card companies don't comply

Name: Chase CEO says Trump's 10% credit card cap would be "a disaster" as card companies don't comply
Uploaded: 2026-01-21T16:52:00-0600
Duration: 38 s
Description: President Trump had set Jan. 20 as a deadline for credit card companies to lower their interest rates to 10% for one year. Companies did not comply, and the CEO of Chase said at the World Economic Forum that doing so would be disastrous.

President Trump had set Jan. 20 as a deadline for credit card companies to lower their interest rates to 10% for one year. Companies did not comply, and the CEO of Chase said at the World Economic Forum that doing so would be disastrous.