November 16, 1912
November 16, 1912
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Credit Card Stocks Sink After Trump Proposes 10% Cap On Fees: 'Yikes'
Shares in major credit card lenders tumbled in early trading Monday after President Trump proposed a 10% cap on the fees these cards charge customers.
Jay Powell: DOJ Threatens Criminal Indictment
In a video statement, Powell said the threat of criminal charges are “pretexts” to undermine the Fed's independence when it comes to setting interest rates.