↑ Donald Trump Trump's credit card rate cap plan has unclear path, 'devastating' risks, bank insiders say - A 10% rate cap would make large swaths of the credit card industry unprofitable, especially tied to customers with less-than-ideal credit, banks say. Republican Sen. Thom Tillis vows to block Trump's Fed nominees following Powell probe - Trump will face an important obstacle — from within his own party — as he seeks to replace Federal Reserve Chair Jerome Powell.Iran says communications open with US, Trump weighs response to crackdown on protests - By Jana Choukeir, Nayera Abdallah and Tala Ramadan DUBAI, Jan 12 (Reuters) - Iran said on Monday it is keeping communications open with the U.S. as President Donald Trump weighed responses to aBanks including Citi, JPMorgan slide after Trump calls for credit card interest rate limit - Posting on Truth Social, Trump said said he would "no longer let the American Public be 'ripped off' by Credit Card Companies."Trump threatens to sideline Exxon from Venezuela's oil: 'They're playing too cute’ - His comments come shortly after Exxon CEO Darren Woods said the Venezuelan market is "uninvestable" in its current state.Dutch chip stock BE Semiconductor pops 8% after orders jump 105% in fourth quarter - European stocks started the new week in negative territory as investors weigh geopolitical developments and pressure on Fed Chair Jerome Powell.Justice Department Serves Fed With Grand Jury Subpoenas - Federal Reserve Chair Jerome Powell said the US central bank had been served grand jury subpoenas from the Justice Department threatening a criminal indictment, a dramatic escalation of the Trump administration's attacks. Bloomberg's Ros MaWorld's most vital oil chokepoint back in focus amid possible U.S. action against Iran - In an extreme escalation scenario, where tankers are unable to pass or energy infrastructure is damaged, oil prices could surge by double digits, said analysts.'***': Trump Mocked After Posting 'Completely Insane' New Pic Of Himself - The president has granted himself a new title in another country.Fed's Powell says Trump administration has threatened him with a criminal indictment - WASHINGTON, Jan 11 (Reuters) - The Trump administration has threatened to indict Federal Reserve Chair Jerome Powell over Congressional testimony he gave last summer about a Fed building project, an action Powell called a "pretext" to gain