US Bancorp CEO Warns of Big Impact Trump’s Credit Card Limit Will Have on Customers
By Arasu Kannagi Basil Jan 20 (Reuters) – US Bancorp Chief Executive Gunjan Kedia warned on Tuesday that President Donald Trump’s proposed 10% cap on credit card interest rates would significantly impact its customers and the broader economy, echoing concerns raised by the banking industry. “Our estimate is that more than 90 percent of our…