Banks Take Risk by Fighting Trump Over Regulatory Dispute

Capital One and JPMorgan are taking a calculated risk by choosing to fight against President Trump's administration rather than settle. The two banks have been embroiled in a dispute with the White House over a regulatory issue, and they have decided to push back against the president's demands.

The banks' decision is seen as a bold move, given the potential consequences of being on the wrong side of Trump. However, some experts believe that fighting may be safer than settling, especially if the outcome is in their favor.

According to some reports, the banks are taking a wait-and-see approach, hoping that the situation will blow over and they won't have to take any further action.