Trump's latest moves targeting the financial industry's core credit card revenue streams have caught Wall Street's attention. Banks are scrambling to position themselves strategically—some signaling willingness to negotiate, others quietly preparing for regulatory headwinds. The traditional finance sector's profit engines around credit card interchange fees and other hidden charges are now squarely in the policy crosshairs. This shift could reshape how major banks operate and potentially ripple through the broader financial ecosystem. Whether this leads to meaningful reform or becomes another political standoff remains to be seen.
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Trump's latest moves targeting the financial industry's core credit card revenue streams have caught Wall Street's attention. Banks are scrambling to position themselves strategically—some signaling willingness to negotiate, others quietly preparing for regulatory headwinds. The traditional finance sector's profit engines around credit card interchange fees and other hidden charges are now squarely in the policy crosshairs. This shift could reshape how major banks operate and potentially ripple through the broader financial ecosystem. Whether this leads to meaningful reform or becomes another political standoff remains to be seen.