While major banks, including JPMorgan Chase and Citi, warned that a 10% credit card cap would reduce access to credit, some CEOs applaud the plan.
Jane Fraser, the CEO of Citigroup, doesn’t think the proposal has a shot of passing Congress. At Davos on Tuesday, she made the case why, and what damage she thinks it could do if it were adopted.
“This would not be good for the economy were this to … [3684 chars]
Source: Business Insider | Published: 2026-01-22T14:55:24Z
Credit: Business Insider
