#financial-market-reaction

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US politics
from24/7 Wall St.
2 days ago

Trump's 10% Credit Card Cap Plan Hit AmEx Stock Hard

A proposed 10% cap on credit card interest could lower consumer costs but risks prompting banks to restrict lending, potentially harming consumers and the broader economy.
US politics
fromemptywheel
4 days ago

The Jerome Powell Clusterfuck Is a Clusterfuck of Pam Bondi's Own Making - emptywheel

Jerome Powell received subpoenas seen as an attempt to undermine Federal Reserve independence and politicize monetary policy, provoking market reactions.
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