JPMorgan Chase CEO Jamie Dimon on Wednesday warned President Trump’s proposal to cap credit card interest rates at 10% would lead to “economic disaster,” arguing banks would be forced to cut off credit for many Americans. “Our business, you know, we would survive it by the way,” Mr. Dimon said at the World Economic Forum in Switzerland. “In the worst case, you’d have to have a drastic reduction of the credit-card business.” Mr. Dimon suggested testing the policy in two states: Vermont and Massac
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