**Dimon Warns of "Disaster" as Trump Pushes Rate Cap** JPMorgan Chase CEO **Jamie Dimon** issued a sharp rebuke on **Wednesday** regarding proposals to cap credit card interest rates. Dimon cautioned that such a move would amount to an **"economic disaster,"** signaling deep resistance from the banking sector. Despite these warnings, **U.S. President Donald Trump** remains committed to the policy. The President has doubled down on the initiative and is actively seeking approval from **Congress** to enact the restrictions. This development marks a significant clash between major financial institutions and the administration over the future of consumer lending regulation.