A major push is underway to reshape credit card lending economics. The incoming administration is signaling intent to cap credit card interest rates at 10% for a full year, with implementation beginning Jan. 20. The proposal signals growing concern about consumer debt burdens and lending practices in the financial sector. However, questions remain about execution strategy—regulators haven't detailed how such caps would be enforced across the fragmented U.S. banking system, what compliance mechanisms would apply, or whether voluntary cooperation from issuers would suffice. Market watchers are closely monitoring how fintech platforms, traditional lenders, and payment networks respond to this policy direction. The move could reshape consumer credit dynamics and borrowing costs, but the implementation pathway will be crucial in determining actual market impact versus headline announcements.