Five days after Trump's demand to cap credit card rates, bankers and lobbyists told CNBC they have yet to receive any formal or written guidance on the policy.
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These are the stocks posting the largest moves in midday trading.
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Republicans on Capitol Hill have lightly thrown cold water on capping credit card interest at 10%.
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Jefferies argued that a 10% reduction in average passenger weight could translate into roughly 2% total aircraft weight savings.
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Under CEO Jane Fraser, Citigroup is in the midst of a restructuring, selling off parts of its overseas operations.
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These are the stocks posting the largest moves in premarket trading.
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Bank of America, the second-largest U.S. bank by assets, has been a beneficiary of the industry's recent tail winds.
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Warren Buffett, who handed over the CEO reins to Greg Abel at the start of 2026, made it clear that size is not the constraint, opportunity is.
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These are some of the stocks posting the largest midday moves.
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Wall Street analysts largely framed the pullback as profit-taking rather than a fundamental shift in the outlook.
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Co-founder Jaden Xie told CNBC that the company is about to close another financing round, after raising $100 million in the last 6 months.
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Banks say a proposed 10% cap on credit card interest rates would result in fewer credit card accounts for Americans and a hit to the U.S. economy.
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