Citigroup CEO Jane Fraser stated on Tuesday that she does not expect Congress to impose a cap on credit card interest rates following proposals from President Donald Trump. Fraser highlighted that such caps could disrupt consumer lending markets and could lead to reduced credit availability for lower-income borrowers. She emphasized Citigroup’s commitment to responsible lending practices, noting the bank’s average charge-off rate on credit card portfolios has remained below industry averages over the last four quarters.

Speaking on CNBC’s Squawk on the Street, Fraser expressed confidence that global allies will reach a resolution to recent market sell-offs. She pointed to ongoing discussions at the World Economic Forum in Davos, where central bank officials and finance ministers have prioritized stabilizing trade tensions and coordinating monetary policy. Fraser noted that Citigroup’s diversified revenue streams—spanning retail banking, wealth management and institutional services—have provided resilience during periods of heightened volatility.

MarketBeat reports that twenty research firms covering Citigroup have assigned an average recommendation of Moderate Buy, with fourteen issuing buy ratings and six holding. Over the last quarter, analysts have revised their earnings forecasts upward, with consensus expecting full-year EPS of approximately 7.53. In its most recent quarterly release, Citigroup reported revenue of $19.87 billion, a year-over-year increase of 2.1%, and delivered EPS of $1.81, exceeding analysts’ estimates by $0.16. The bank’s quarterly dividend was declared at $0.60 per share, representing an annualized yield of 2.0% and a payout ratio of 34.4%.