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Americans ‘Ripped Off’ By Credit Cards, Says Klarna CEO

January 16, 2026
in AI & Technology
Reading Time: 1 min read
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Klarna CEO Sebastian Siemiatkowski says Americans are being ripped off by high credit card rates and that rate caps have been effective in Europe. Siemiatkowski discusses President Trump’s call for a one-year 10% cap on credit card interest rates with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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