Synchrony Financial
Synchrony Financial Shares Plunge 8% Following Trump Interest Rate Cap Proposal
NEW YORK — Shares of Synchrony Financial (NYSE: SYF) plummeted more than 8% on Monday as investors reacted with alarm to a weekend proposal from President-elect Donald Trump to institute a temporary 10% cap on credit card interest rates. The announcement, which sent shockwaves through the consumer finance sector, has ignited