American Express CFO Says Spending Growth Has Held Up

The transcript discusses American Express's strategies to navigate a potential recession, focusing on their premium consumer base and strong spending patterns. It highlights their marketing success in attracting younger customers, particularly Millennials and Gen Z, through competitive offers. The discussion also covers robust travel trends and Amex's hiring of technology workers despite industry downsizing. Amex's flexible work environment is emphasized, along with their stance on the Credit Card Competition Act, advocating for a competitive free market.

How is American Express responding to the competitive hiring environment in the technology sector?

In what ways does American Express believe their flexible work environment benefits their employees?

What is American Express's stance on the proposed Credit Card Competition Act?