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Bank of America CEO Brian Moynihan Talks Credit Card Cap

Bank of America CEO Brian Moynihan Talks Credit Card Cap

Published 1 month ago
Description

Bank of America CEO Brian Moynihan discusses the company's work with the White House to solve affordability issues for Americans. He says President Donald Trump's proposed 10% cap on credit card interest rates may have "an equal but opposite reaction." He spoke with Bloomberg's Jonathan Ferro, Lisa Abramowicz and Annmarie Hordernfrom the World Economic Forum in Davos. 

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