Trump credit card cap would return $20B to consumers: Klarna CEO


Credit lender stocks fell this week after President Trump suggested a 10% cap on credit card interest rates. While this proposal received pushback in the US, Klarna co-founder and CEO Sebastian Siemiatkowski told Bloomberg TV that Trump could go even further with a policy like this in a bid to return more money to consumers.

Klarna Co-Founder and CEO Sebastian Siemiatkowski speaks with Julie Hyman about his perspective on Trump’s credit card policy proposal and the broader fintech landscape as it pertains to consumers.

To watch more expert insights and analysis on the latest market action, check out more Morning Brief.



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