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Bank of America CEO Moynihan Says Credit Card Cap May Not Work as Expected
Posted
January 22, 2026
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14:22Now PlayingBank 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 speaks on "Bloomberg Surveillance" from the World Economic Forum in Davos.
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