Core Viewpoint - The U.S. administration is exploring a voluntary approach for large banks to provide credit cards to underserved Americans, shifting away from President Trump's proposed cap on credit card interest rates at 10% [2][4]. Group 1: Administration's Strategy - Kevin Hassett, director of the National Economic Council, suggests that banks could voluntarily issue credit cards to consumers who lack credit access but have sufficient income to qualify for credit lines [3]. - The administration appears to be moving away from broad regulatory changes in the credit card industry, which could negatively impact consumer spending and the economy [4]. Group 2: Industry Response - Bank executives have largely rejected the idea of capping credit card interest rates at 10%, indicating that instead of complying, banks may close many customer accounts [4]. - Discussions between the administration and CEOs of major banks suggest some support for the concept of providing credit to underserved consumers, although no formal discussions about the "Trump card" have taken place yet [5].