Trump is calling for a one-year cap on credit card interest rates at 10%, taking aim at APRs that often sit at 20%–30%+ across the industry. The idea is pitched as instant relief for consumers drowning in high-interest debt, especially as inflation and elevated rates keep squeezing household budgets. If it happens, people carrying balances could see meaningful short-term savings, while big card issuers and banks face pressure on a very profitable line of business. On the flip side, lenders tied to consumer credit like $JPM, $BAC, and $C warn that a hard cap could backfire. Margins get crushed, credit standards tighten, limits get cut, and riskier borrowers could be shut out entirely. That could push borrowing toward alternatives like BNPL or private lenders, shifting risk instead of reducing it. Markets are also watching how this might ripple through financial stocks if investors start pricing in regulatory uncertainty. So is this a real consumer win that finally reins in runaway APRs, or a policy move that ends up shrinking access to credit and shaking up the banking sector?