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Americans “ripped off” by credit cards, says Klarna CEO

Posted

January 13, 2026

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Klarna CEO Sebastian Siemiatkowski says Americans are being ripped off by high credit card rates and that rate caps have been effective in Europe. Siemiatkowski discusses President Trump’s call for a oneyear 10% cap on credit card interest rates

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Klarna CEO Sebastian SiemiatkowskiEurope SiemiatkowskiPresident Trumps

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Americans “ripped off” by credit cards, says Klarna CEO · Bloomberg Television · Sentinel