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JPMorgan’s Jamie Dimon warns Trump’s 10% credit card cap would cause ‘economic disaster’

New York Post 22 Jan 2026
JPMorgan Chase CEO Jamie Dimon on Wednesday warned that President Trump’s 10% credit card cap would force banks to yank credit lines for most Americans — hammering the economy.
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Perspective with Ryan Bridge: Does JP Morgan's Jamie Dimon have a point about AI?

NewstalkZB 22 Jan 2026
If you don't know him, Jamie Dimon is the boss of JP Morgan and quite a smart guy, obviously ... He's spoken about AI and reckons we need to slow down ... He's talking about soon ... Which leaves us with the social problem that Jamie Dimon was getting at ... .
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JPMorgan’s Jamie Dimon warns of ‘economic disaster’ if 10% credit card rate cap is implemented

Straits Times 21 Jan 2026
President Donald Trump called for the cap this month, without detailing how it would be implemented ....
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Jamie Dimon issues rare CEO criticism of Trump's immigration policy: 'I don’t like what I’m seeing'

CNBC 21 Jan 2026
American CEOs have mostly avoided direct criticism of Trump's policies over the past year ... .
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JP Morgan’s Jamie Dimon warns of ‘economic disaster’ after Trump calls for 10% cap on ...

Live Mint 21 Jan 2026
JPMorgan Chase CEO Jamie Dimon warned that President Donald Trump’s proposed 10% cap on credit card interest rates would be an “economic disaster,” saying it could cut off millions of Americans from credit ....
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Jamie Dimon hesitates to criticize Trump… except for one plan he says will create ‘an ...

CNN 21 Jan 2026
JPMorgan Chase CEO Jamie Dimon limited his criticism of President Donald Trump in a question-and-answer session at Davos on Wednesday – with one notable exception ...The people crying the most won’t be the credit card companies,” Dimon predicted.
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Jamie Dimon Warns A.I. May Disrupt Workers Faster Than Society Can Adapt

New York Observer 21 Jan 2026
Jamie Dimon speaks during the World Economic Forum in Davos on Jan ... Even so, CEO Jamie Dimon worries the technology’s rapid adoption will outpace the labor market’s ability to adjust ... “It is what it is,” said Dimon.
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JPMorgan CEO Jamie Dimon said Trump's proposed 10% cap on credit card rates would be ...

Business Insider 21 Jan 2026
Dimon said at Davos that the cap would cause a "disaster." ... If President Donald Trump gets his way on credit cards, JPMorgan Chase CEO Jamie Dimon predicts chaos — but more on the streets of American towns than in the walls of his own bank.
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JPMorgan CEO Jamie Dimon warns a credit card rate cap would cut off credit access ...

Cryptopolitan 21 Jan 2026
Jamie Dimon, who runs JPMorgan Chase, told an audience in Davos, Switzerland, on Wednesday that forcing a cap on credit card rates would cut off borrowing options for most Americans ... Dimon suggests testing rate cap in two states first.
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