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What Trump’s Rate Cap Proposal Means for U.S. Banks

  • Investing and Market Views

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Insights and Market Perspectives

What Trump’s Rate Cap Proposal Means for U.S. Banks

Author: Marko Kais

January 20, 2026

AGF Investments Inc. analyst Marko Kais explains the “uneven” impact to U.S. banks of a potential cap on credit card rates.

About AGF Management Limited

Founded in 1957, AGF Management Limited (AGF) is an independent and globally diverse asset management firm. Our companies deliver excellence in investing in the public and private markets through three business lines: AGF Investments, AGF Capital Partners and AGF Private Wealth.

AGF brings a disciplined approach, focused on incorporating sound, responsible and sustainable corporate practices. The firm’s collective investment expertise, driven by its fundamental, quantitative and private investing capabilities, extends globally to a wide range of clients, from financial advisors and their clients to high-net worth and institutional investors including pension plans, corporate plans, sovereign wealth funds, endowments and foundations.

Headquartered in Toronto, Canada, AGF has investment operations and client servicing teams on the ground in North America and Europe. AGF serves more than 800,000 investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B.

For further information, please visit AGF.com.

© 2026 AGF Management Limited. All rights reserved.

Written by

Marko Kais

Marko Kais, CFA

Analyst

AGF Investments Inc.

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