Klarna CEO's comments on credit card fees raise eyebrows

Sunday, Jan 18, 2026 1:07 am ET1min read
KLAR--

Klarna CEO Sebastian Siemiatkowski's comments on US President Donald Trump's plan to cap credit card fees are questionable given his company's own history of high fees and debt traps for low-income customers. Klarna competes with credit card companies and has its own debt problems, making it hypocritical to criticize credit card companies.

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