Dow Jones Top Financial Services Headlines at 12 AM ET: Jamie Dimon Seemed to Have Trump Figured Out-Until This Week | Banks ...
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Jamie Dimon, CEO of JPMorgan, is facing challenges in his relationship with President Trump due to the Fed chair controversy. Banks report U.S. consumers remain resilient, but Trump's proposed credit-card interest cap could harm the economy. Citigroup's stock fell after an earnings miss linked to Russia, while Wells Fargo missed revenue targets. Fed officials express mixed views on interest rates, with some hinting at cuts. Prudential appoints Douglas Flint as board chair. The collapse of a car-parts supplier raises concerns about cash flow management. Analysts highlight regional banks for dividend investors.
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