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It’s January 21, and unsurprisingly, there is no self-imposed interest rate cap on credit cards by the big banks.
But Jamie Dimon and the world’s richest people did fly their private jets to a ski resort in Switzerland to complain about how bipartisan action to cap credit card interest rates would destroy life as we know it.
Forgive me if I don’t believe that a banker who made $770 million last year has the best interest of working people at heart.
It’s time to pass a law and get this done.
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