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

- Link: https://www.widthness.com/jpmorgans-jamie-dimon-warns-trumps-10-credit-card-cap-would-cause-economic-disaster/
- Published: 2026-01-22T09:45:00-06:00
- Author: Curated by John Wysocki

Photo Credit: Vitaly Gariev via Unsplash. Article by Taylor Herzlich. New York Post – Januay 21. 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. “Of course we want affordability,” Dimon said during an interview with the Economist at the World Economic Forum in Davos, Switzerland. But the 10% cap “would be a [sic] economic disaster.” “Our business, we would survive it, by the way,” he added. “In the worst case, you would have a drastic reduction of the credit card business.” […] Click here to view original web page at www.nypost.com Video: Davos: JPMorgan’s Dimon Says Credit Card Cap Would Be ‘Economic Disaster’ – Bloomberg Television Related articles: Jamie Dimon says Trump’s credit card rate cap would be ‘economic disaster’ – Fox Business Trump Revives 10% Credit Card Cap At Davos – CUToday.info White House 10 percent card-rate cap push lifts bank stocks – The Street Curated by John Wysocki See Full Bio