Capital One CEO says US consumers are in 'good shape,' but there are 'worrying signs'
Capital One CEO Richard Fairbank on Tuesday shared his perspective on how American consumers are holding up during the financial institution’s quarterly earnings call. He was asked by an analyst about how Capital One views the state of the American consumer in light of concerns in the market surrounding the Trump administration’s tariffs. Fairbank said the U.S. consumer "remains a source of strength in the economy," adding that was "true for almost any metric that we look at." "Consumer debt serving burdens ...