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Jamie Dimon Must Lower Credit Card Interest Rates, Navarro Says

Feb. 12, 2026, 2:39 PM UTC
Catherine Lucey
Catherine Lucey

The White House sought to ramp up pressure on JPMorgan Chase & Co.’s Jamie Dimon to cap credit card interest rates, a demand of President Donald Trump amid his push to address affordability.

“James Dimon, lower your friggin’ credit card interest rates. You are a criminal the way you charge the American people at 22, 25 and 30% and the president wants you to lower that,” White House trade adviser Peter Navarro said Thursday in a Bloomberg Radio interview. “Jamie, until you do that, please refrain from commenting on other public policies.”

WATCH: White House trade adviser Peter Navarro calls Dimon a “criminal” for charging such high credit card interest rates. Source: Bloomberg

Trump’s push for ...

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