Key insight: Trump continued to call on Congress to pass credit card legislation. Expert quote: “Whatever happened to usury?” — President Donald Trump. What’s at stake: Earlier in the day, JPMorganChase CEO Jamie Dimon said that a 10% rate cap would be an “economic disaster.” WASHINGTON — President Donald Trump in Davos, Switzerland, renewed his […]
Trump, again, calls on Congress to cap credit card rates Read More »
Ameriserv Financial saw its profits grow by more than 60% in 2025, despite its mortgage business taking a hit. Processing Content The company reported net income of $5.6 million for the year ended Dec. 31, up 61.9% from the year prior, while mortgage banking revenue decreased by $120,000, or 39.5%, resulting from diminished residential mortgage
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President Trump has issued an executive order aimed at stopping federal agencies from taking any actions to facilitate an institutional player’s acquisition of any single-family house an individual owner-occupant could purchase. Processing Content The follow up to earlier social media posts about the idea includes plans for a legislation recommendation and affects homes involved in
Trump issues order restricting large single-family investors Read More »