President Trump’s proposal to cap credit card interest rates at 10% has sparked concern among corporate executives, including JPMorgan Chase CEO Jamie Dimon. JPMorgan, the nation’s top credit card issuer, handling $1.34 billion in purchase volume, anticipates service changes that could impact consumers, especially those with subprime risk profiles. US House Speaker Mike Johnson is exploring the president’s idea, acknowledging potential unintended consequences. Delta Air Lines CEO Ed Bastian expressed concerns about restricting access to credit for lower-end consumers, potentially upending the credit card industry. Delta’s revenue from its co-branded credit card with American Express grew 11% year over year to $8.2 billion in 2025.

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