Trump’s Credit Card Threats Rain on Big Banks’ Earnings Parade

President Donald Trump’s unexpected demand for a cap on credit card interest rates sent financial shares tumbling this week, while leaving the heads of Wall Street’s biggest lenders fielding a...

By Georgie McKay · Bloomberg Markets

President Donald Trump’s unexpected demand for a cap on credit card interest rates sent financial shares tumbling this week, while leaving the heads of Wall Street’s biggest lenders fielding a swarm of questions on their quarterly earnings calls.