President Donald Trump’s push to cap credit card interest rates at 10% would hurt banks and lower-end consumers, Delta Air Lines Inc. Chief Executive Officer Ed Bastian said.
Airline executives sound the alarm on a plan that could disrupt travel and lending as we know it.
Delta Air Lines paid $8.1 million to settle claims it misused COVID-19 relief funds. The settlement resolves allegations that Delta violated executive pay limits tied to the aid. A whistleblower ...
Delta Air Lines’ boss has become the latest high-profile corporate chief to push back against President Donald Trump’s plans to cap credit card interest rates at 10%, claiming it would hurt customers.
Delta CEO Ed Bastian was highly skeptical of Trump’s proposal to implement a 10% cap on credit card interest rates. The proposal was also met with criticism from banks and Republican leadership. Delta ...