Spurs rally from a 22-point deficit to beat the Raptors 125-118

SAN ANTONIO (AP) — Keldon Johnson had 23 points, Stephon Castle added 20, and the San Antonio Spurs rallied from a 22-point deficit to beat the Toronto Raptors 125-118 on Sunday.

Scottie Barnes had 35 points for Toronto. Jamison Battle had 25 points and Jonathan Mogbo added nine points, 14 rebounds and 10 assists.

San Antonio's Harrison Barnes had 18 points and Chris Paul 15. Barnes and Paul along with Julian Champagnie played every game this season.

Castle, a leading contender for rookie of the year, added eight rebounds and six assists.

Toronto missed the postseason for the third straight season and fourth in five. San Antonio has not made the postseason since 2019, when they tied an NBA record with 22 straight appearances.

Raptors: Toronto wing Garrett Temple suffered a sprained left knee with 2:35 remaining in the second quarter. San Antonio guard Malaki Branham fell into the side of Temple’s knee after contact on a drive. Temple remained on the court for several minutes before exiting with assistance. Temple was scoreless and had one assist in 1:52.

Spurs: At 39 years old, Paul joins Michael Jordan and John Stockton as the second-oldest player to appear in all 82 games of the regular season. Stockton holds the record, playing 82 games at 38, 39 and 40 years of age.

Following a driving layup by Johnson, Spurs guard Blake Wesley stole the inbounds pass and fed Johnson for another layup that tied the game at 91-91 with a minute remaining in the third quarter.

San Antonio trailed 76-54 early in the third quarter. It won for just the second time this season when trailing by 20 points. The Spurs trailed by 20 points in 34% of their games this season, finishing 2-26 when facing that deficit.

Raptors: Finish their season 30-52, 11th in the Eastern Conference.

Spurs: Finish their season 34-48, 13th in the Western Conference.

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Toronto Raptors forward Garrett Temple (17) is injured as San Antonio Spurs guard Malaki Branham falls in the first half of an NBA basketball game, Sunday, April 13, 2025, in San Antonio. (AP Photo/Darren Abate)

San Antonio Spurs guard Stephon Castle (5) dunks against Toronto Raptors' forward Jamison Battle (77) during the first half of an NBA basketball game, Sunday, April 13, 2025, in San Antonio. (AP Photo/Darren Abate)

Toronto Raptors head coach Darko Rajakovic, right, speaks with Raptors forward Jamison Battle during the first half of their NBA basketball game against the San Antonio Spurs, Sunday, April 13, 2025, in San Antonio. (AP Photo/Darren Abate)

San Antonio Spurs guard Keldon Johnson (0) shoots against Toronto Raptors guard A.J. Lawson, second from left, during the first half of an NBA basketball game, Sunday, April 13, 2025, in San Antonio. (AP Photo/Darren Abate)

Toronto Raptors forward Jamison Battle celebrates a 3-point basket during the first half of an NBA basketball game against the San Antonio Spurs, Sunday, April 13, 2025, in San Antonio. (AP Photo/Darren Abate)

San Antonio Spurs acting head coach Mitch Johnson, right, speaks with Spurs guard Blake Wesley during the first half of their NBA basketball game against the Toronto Raptors, Sunday, April 13, 2025, in San Antonio. (AP Photo/Darren Abate)

Toronto Raptors forward Garrett Temple (17) is helped off of the court after suffering an injury in the first half of an NBA basketball game against the San Antonio Spurs, Sunday, April 13, 2025, in San Antonio. (AP Photo/Darren Abate)

Toronto Raptors guard Jamal Shead celebrates a basket during the first half of an NBA basketball game against the San Antonio Spurs, Sunday, April 13, 2025, in San Antonio. (AP Photo/Darren Abate)

San Antonio Spurs forward Victor Wembanyama, center, greets fans after an NBA basketball game against the Toronto Raptors, Sunday, April 13, 2025, in San Antonio. (AP Photo/Darren Abate)

The San Antonio Spurs Coyote, right, teaches Spurs forward Victor Wembanyama how to use the tee shirt cannon after an NBA basketball game against the Toronto Raptors, Sunday, April 13, 2025, in San Antonio. (AP Photo/Darren Abate)

San Antonio Spurs forward Victor Wembanyama throws novelty basketballs to fans after an NBA basketball game against the Toronto Raptors, Sunday, April 13, 2025, in San Antonio. (AP Photo/Darren Abate)

San Antonio Spurs guard Keldon Johnson (0) goes to the basket against Toronto Raptors guard Jamal Shead (23) during the first half of an NBA basketball game, Sunday, April 13, 2025, in San Antonio. (AP Photo/Darren Abate)

San Antonio Spurs forward Harrison Barnes (40) shoots as Toronto Raptors guard Jamal Shead (23) rushes to defend during the first half of their NBA basketball game, Sunday, April 13, 2025, in San Antonio. (AP Photo/Darren Abate)

San Antonio Spurs forward Harrison Barnes (40) celebrates a 3-point basket during the first half of an NBA basketball game against the Toronto Raptors, Sunday, April 13, 2025, in San Antonio. (AP Photo/Darren Abate)

NEW YORK (AP) — Reviving a campaign pledge, President Donald Trump wants a one-year, 10% cap on credit card interest rates, a move that could save Americans tens of billions of dollars but drew immediate opposition from an industry that has been in his corner.

Trump was not clear in his social media post Friday night whether a cap might take effect through executive action or legislation, though one Republican senator said he had spoken with the president and would work on a bill with his “full support.” Trump said he hoped it would be in place Jan. 20, one year after he took office.

Strong opposition is certain from Wall Street in addition to the credit card companies, which donated heavily to his 2024 campaign and have supported Trump's second-term agenda. Banks are making the argument that such a plan would most hurt poor people, at a time of economic concern, by curtailing or eliminating credit lines, driving them to high-cost alternatives like payday loans or pawnshops.

“We will no longer let the American Public be ripped off by Credit Card Companies that are charging Interest Rates of 20 to 30%,” Trump wrote on his Truth Social platform.

Researchers who studied Trump’s campaign pledge after it was first announced found that Americans would save roughly $100 billion in interest a year if credit card rates were capped at 10%. The same researchers found that while the credit card industry would take a major hit, it would still be profitable, although credit card rewards and other perks might be scaled back.

About 195 million people in the United States had credit cards in 2024 and were assessed $160 billion in interest charges, the Consumer Financial Protection Bureau says. Americans are now carrying more credit card debt than ever, to the tune of about $1.23 trillion, according to figures from the New York Federal Reserve for the third quarter last year.

Further, Americans are paying, on average, between 19.65% and 21.5% in interest on credit cards according to the Federal Reserve and other industry tracking sources. That has come down in the past year as the central bank lowered benchmark rates, but is near the highs since federal regulators started tracking credit card rates in the mid-1990s. That’s significantly higher than a decade ago, when the average credit card interest rate was roughly 12%.

The Republican administration has proved particularly friendly until now to the credit card industry.

Capital One got little resistance from the White House when it finalized its purchase and merger with Discover Financial in early 2025, a deal that created the nation’s largest credit card company. The Consumer Financial Protection Bureau, which is largely tasked with going after credit card companies for alleged wrongdoing, has been largely nonfunctional since Trump took office.

In a joint statement, the banking industry was opposed to Trump's proposal.

“If enacted, this cap would only drive consumers toward less regulated, more costly alternatives," the American Bankers Association and allied groups said.

Bank lobbyists have long argued that lowering interest rates on their credit card products would require the banks to lend less to high-risk borrowers. When Congress enacted a cap on the fee that stores pay large banks when customers use a debit card, banks responded by removing all rewards and perks from those cards. Debit card rewards only recently have trickled back into consumers' hands. For example, United Airlines now has a debit card that gives miles with purchases.

The U.S. already places interest rate caps on some financial products and for some demographics. The Military Lending Act makes it illegal to charge active-duty service members more than 36% for any financial product. The national regulator for credit unions has capped interest rates on credit union credit cards at 18%.

Credit card companies earn three streams of revenue from their products: fees charged to merchants, fees charged to customers and the interest charged on balances. The argument from some researchers and left-leaning policymakers is that the banks earn enough revenue from merchants to keep them profitable if interest rates were capped.

"A 10% credit card interest cap would save Americans $100 billion a year without causing massive account closures, as banks claim. That’s because the few large banks that dominate the credit card market are making absolutely massive profits on customers at all income levels," said Brian Shearer, director of competition and regulatory policy at the Vanderbilt Policy Accelerator, who wrote the research on the industry's impact of Trump's proposal last year.

There are some historic examples that interest rate caps do cut off the less creditworthy to financial products because banks are not able to price risk correctly. Arkansas has a strictly enforced interest rate cap of 17% and evidence points to the poor and less creditworthy being cut out of consumer credit markets in the state. Shearer's research showed that an interest rate cap of 10% would likely result in banks lending less to those with credit scores below 600.

The White House did not respond to questions about how the president seeks to cap the rate or whether he has spoken with credit card companies about the idea.

Sen. Roger Marshall, R-Kan., who said he talked with Trump on Friday night, said the effort is meant to “lower costs for American families and to reign in greedy credit card companies who have been ripping off hardworking Americans for too long."

Legislation in both the House and the Senate would do what Trump is seeking.

Sens. Bernie Sanders, I-Vt., and Josh Hawley, R-Mo., released a plan in February that would immediately cap interest rates at 10% for five years, hoping to use Trump’s campaign promise to build momentum for their measure.

Hours before Trump's post, Sanders said that the president, rather than working to cap interest rates, had taken steps to deregulate big banks that allowed them to charge much higher credit card fees.

Reps. Alexandria Ocasio-Cortez, D-N.Y., and Anna Paulina Luna, R-Fla., have proposed similar legislation. Ocasio-Cortez is a frequent political target of Trump, while Luna is a close ally of the president.

Seung Min Kim reported from West Palm Beach, Fla.

President Donald Trump arrives on Air Force One at Palm Beach International Airport, Friday, Jan. 9, 2025, in West Palm Beach, Fla. (AP Photo/Julia Demaree Nikhinson)

FILE - Visa and Mastercard credit cards are shown in Buffalo Grove, Ill., Feb. 8, 2024. (AP Photo/Nam Y. Huh, File)