“I think it’s fine what I’m doing,” Trump said. “Everyone we know believes in Fed independence,” Dimon said. Trump also defended his proposal to cap credit card interest rates at 10% for a year, which will likely require congressional legislation. “I think that people that are paying 28% interest should be protected,” Trump said. “We’re talking about for a one-year period.”Trump added that he did not think it was right for “Jamie Dimon or anybody else” to charge customers high interest rates on credit cards.

Source: The Edge Markets January 13, 2026 22:39 UTC