2026-01-14 11:25:48

The American financial power center is experiencing an invisible undercurrent. The confrontation between Trump and JPMorgan Chase CEO has become the focus—this banking giant warned of serious consequences if the Fed's independence is undermined, only to be directly countered.

The current controversy centers on credit card interest rates. Trump strongly advocates for a cap of 10%, with a straightforward reason: "We must protect those paying 28% high interest." The banking industry loudly opposes this, claiming it would lead to credit tightening and the disappearance of reward points, but the White House firmly believes this is a necessary one-year measure.

What’s more provocative is that Trump continues to push for investigations and replacements of the Federal Reserve Chair. JPMorgan Chase executives even voiced that "this is not good for anyone," but it seems unlikely to shake Trump’s resolve. Within the Republican Party, there is also disagreement, with key lawmakers threatening to block the new Fed nominee.

Behind this tug-of-war over financial power, there are underlying concerns about the Fed’s independence, credit markets, liquidity, and a series of chain reactions. Market anxiety continues to rise, and who will ultimately win this game remains to be seen.

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MevShadowranger

· 11h ago

Interest rate cap at 10%? Bankers are freaking out Trump dares to mess with the financiers' turf, JPMorgan and others are panicking The Federal Reserve's independence is really almost gone, this time they went too far Change the chair? That’s just too outrageous... The crypto world is here to watch the show White House vs. Wall Street, I don’t believe either side can stay peaceful --- *(Other three expressions differ)* Alright, 28% interest is indeed outrageous, but can a 10% cap really be implemented? I don’t believe it The power struggle in finance is escalating, the market has to tremble Trump is just trying to take down the Fed, no matter how much bankers shout, it’s useless What will happen next? A chain reaction that directly impacts the crypto world.

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BlockchainTherapist

· 11h ago

Bankers are panicking. A 28% interest rate is really outrageous; it was about time someone took action. How could the elites possibly allow the interest rate cap to be set? That’s cutting into their cake. The rhetoric about the Federal Reserve’s independence is getting old. When will the game where capital calls the shots finally break? Standoff? In the end, it’s still big capital winning, and retail investors continue to get cut. The warning from JPMorgan Chase CEO is worth little; after all, it’s not them paying back the 28% high-interest loans. Interesting, this time even the Republican Party is divided, indicating that the situation has indeed escalated. Tightening credit? Let it be. It’s better than being drained by financial institutions. There are no winners in this game—only ordinary people being harvested and Wall Street trying to scalp the chives.

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ChainWanderingPoet

· 11h ago

Interest rate capped at 10%? This guy really dares to say that, bankers must be furious --- JPMorgan Chase CEO is getting impatient, but Trump is even more ruthless. This is a game of power, brother --- The independence of the Federal Reserve is becoming more and more uncertain, it feels like something big is about to happen --- A 28% interest rate is really outrageous, but forced reforms also depend on the aftermath --- Even Republicans oppose this, the script is quite interesting --- In the financial circle, this round of confrontation, it's really hard to tell who the winner is --- Everyone is fighting for control of the Fed, but in the end, no one can keep it --- One-year measures? Just listen, Wall Street won't let him succeed --- The banking industry using points rewards as an excuse, this is just too funny --- If Trump's move really succeeds, the market will explode --- Replacing the Fed Chair is the real drama, interest rates are just the appetizer --- Credit tightening will indeed come, but the question is, what can ordinary people feel --- This undercurrent of power, should retail investors start to exit early?

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ApyWhisperer

· 11h ago

Interest rate cap at 10%? This guy really dares to say that, bankers must be furious The independence of the Federal Reserve is gone, the market will go crazy JPMorgan Chase CEO is getting anxious, this power game has just begun Trump wants to change the rules again, intense Credit tightening is really coming, who will backstop? A tug-of-war, bet on who will laugh last A 28% high interest rate is indeed black, but can a 10% cap work? Intra-party conflicts within the Republican Party, the Federal Reserve is becoming a pawn Can this move succeed? I remain skeptical The financial power center is exploding, what’s the next step?

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WhaleWatcher

· 11h ago

Interest rate cap at 10%? Banks are starting to complain again, mainly because they are afraid of missing out on quick profits. Trump keeps shaking up the Federal Reserve one wave after another. This guy really isn’t afraid, but can the financial markets stay stable if this keeps up? 28% interest is really outrageous. I support protecting ordinary people, but it all depends on how it ends. The big players are bickering among themselves, and the Republican Party is also divided. This show has just begun. The independence of the Federal Reserve is probably going to be redefined; this time, it’s different.

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ForkPrince

· 11h ago

The bankers are starting to complain again, capping interest rates at 10%? I think it's doable. If they really pull this off, the banks will be crying their eyes out, but ordinary people might enjoy a little benefit. What is that guy from JPMorgan Chase saying? It's just about missing out on interest. The real drama is within the Republican Party; these folks might really cause some trouble. The Federal Reserve's independence? Ha, it's already become a political bargaining chip. Who the hell can accept a 28% interest rate? If this policy really gets implemented, I would be the first to support it. The game of power is always the cruelest zero-sum game; the winners take all, the losers go home. Who will ultimately be the last to laugh? Anyway, ordinary people are about to be used as pawns again.

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