American Express stock (AXP) ends flat as Trump’s 10% credit-card cap keeps policy risk in play
American Express closed up 0.07% at $358.26 after volatile trading, while Visa and Mastercard shares fell sharply this week. Investors reacted to President Trump’s push to cap credit card interest rates and renewed Senate efforts to overhaul card network rules. U.S. bank stocks stayed under pressure as Congress weighed the proposals. A New York fintech, Bilt, introduced a 10% APR card, citing possible regulatory changes.