JPMorgan CFO warns credit access may shrink under Trump's 10% card rate cap

On a recent earnings call, JPMorgan CFO Jeremy Barnum warned that imposing price controls on credit card interest would significantly restrict access to credit, especially for consumers who need it most. Earlier this month, Donald Trump proposed a 10% cap for one year, and bank stocks dipped; Sen. Elizabeth Warren told CNBC card issuers made $150 billion in profits last year.