American Express

AXP

Market cap $252B

Bank executives are tiptoeing around President Trump's call to temporarily cap credit-card interest rates at 10%, opposing the idea while making sure not to antagonize the White House.

Morning Brief anchor Julie Hyman breaks down the latest market news for January 16, 2026 John Stoltzfus, chief investment strategist at Oppenheimer & Co. Inc., discusses his playbook for a bullish 2026. 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.

Amazon has expanded its sights well beyond just e-commerce; advertising is the company's fastest-growing business. American Express operates its own network and issues its own cards, unlike competitors such as Visa and Mastercard.

Eli Lilly is a top healthcare company that's not only generating impressive growth right now, but continuing to invest in its future. American Express' strong brand and clientele make it a resilient financial stock to invest in for the long haul.

Jason Goldberg, analyst at Barclays, joins 'Money Movers' to discuss bank earnings, public policy, and more.

President Trump's proposed plan to cap credit card rates at 10% have sent big waves through the financial scene, causing shares of banks and credit card companies to take a fairly sizeable hit.

Hugh Son, CNBC's banking reporter, says big banks are rejecting Trump's 10% credit-card cap, warning they'll close accounts instead, likely setting up a legal and political showdown as Davos approaches.

Banks are knocking President Donald Trump's bid to cap credit card rates.

Top executives from the nation's largest financial institutions issued warnings this week during fourth-quarter earnings calls, arguing that President Donald Trump's proposed 10% cap on credit card interest rates would backfire.

President Trump's announcement blindsided the industry, sending banking shares tumbling across Wall Street this past week.