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Atlanta's season is starting to slip away after another 7-game losing streak

Sport

Atlanta's season is starting to slip away after another 7-game losing streak
Sport

Sport

Atlanta's season is starting to slip away after another 7-game losing streak

2025-06-09 18:00 Last Updated At:18:11

One seven-game losing streak was manageable for Atlanta — a possible fluke at the start of the season.

But now the Braves have dropped seven in a row again, and it's time to wonder if this will simply be a lost season for one of the game's star-studded teams.

Sunday's 4-3 defeat at San Francisco dropped Atlanta to 10 games under .500 and 9 1/2 games behind the National League's final playoff spot. The Braves haven't missed the postseason since 2017 — and it's too early to count them out this year — but they can't afford to have much more go wrong.

Atlanta started the season 0-7, then spent about six weeks clawing its way back to .500. All that work has already been undone after the Braves dropped another seven straight this past week. The last five of those defeats were by one run, including a ghastly collapse at home against Arizona on Thursday in which the Diamondbacks scored seven runs in the ninth to win 11-10.

After that, Atlanta called up reliever Craig Kimbrel from the minors — the franchise saves leader returned to the Braves for the first time since they traded him before the 2015 season. He pitched once, then was designated for assignment.

Atlanta overcame injuries to Ronald Acuña Jr. and Spencer Strider to make the playoffs a year ago. Those two are back now, but while Acuña is hitting well, Strider has lost all five of his starts on the mound. The Braves are also one of only three teams in baseball with more blown saves (12) than saves (10).

There are some reasons for Atlanta to keep hope alive. A big problem so far has been the team's 9-19 record in one-run games, which suggests the Braves don't need to improve much to turn things around. They actually have a positive run differential on the season. But the NL East may already be out of reach, with Atlanta trailing the first-place New York Mets by 14 games.

Right now the Braves are in fourth, as close to last-place Miami as they are to third-place Washington.

Pete Alonso of the Mets needs 10 more homers to surpass Darryl Strawberry for the franchise's career lead. Only three active players currently hold the home run record for a major league franchise. Name the players, and the teams they hold the career lead in homers for.

Seattle's George Kirby struck out 14 and allowed just two hits in seven innings in a 3-2 win over the Los Angeles Angels on Sunday. That snapped a five-game skid for the Mariners, who could use a more effective Kirby.

The right-hander is 1-3 with a 6.53 ERA in four starts after missing the start of the season because of shoulder issues. Perhaps this performance was a sign that he's righting the ship.

This is obviously the Diamondbacks, who according to Baseball Savant faced a win probability of 0.1% after their leadoff hitter in the ninth struck out. Lourdes Gurriel Jr. hit a solo homer, Alek Thomas added a two-run shot and Katel Marte produced an RBI single before the second out of the inning. Then Ildemaro Vargas hit an RBI single, and Eugenio Suárez's two-run double put Arizona ahead.

Five other teams have come back to win after trailing by six this year, but none of those six-run deficits were later than the seventh inning.

Mike Trout holds the Angels' record with 388 home runs. Giancarlo Stanton, now with the Yankees, is the Marlins' leader with 267. Manny Machado has the Padres' record of 177.

(Evan Longoria holds the Rays' record with 261, but he hasn't played in the majors since 2023 and signed a one-day contract Saturday to retire with Tampa Bay.)

AP MLB: https://apnews.com/MLB

New York Mets' Pete Alonso follows the flight of his two-run home run off Colorado Rockies relief pitcher Tyler Kinley in the eighth inning of a baseball game Sunday, June 8, 2025, in Denver. (AP Photo/David Zalubowski)

New York Mets' Pete Alonso follows the flight of his two-run home run off Colorado Rockies relief pitcher Tyler Kinley in the eighth inning of a baseball game Sunday, June 8, 2025, in Denver. (AP Photo/David Zalubowski)

Atlanta Braves manager Brian Snitker, right, speaks with home plate umpire Gabe Morales after being during ejected in the fifth inning of a baseball game against the San Francisco Giants, Saturday, June 7, 2025, in San Francisco. (AP Photo/Godofredo A. Vásquez)

Atlanta Braves manager Brian Snitker, right, speaks with home plate umpire Gabe Morales after being during ejected in the fifth inning of a baseball game against the San Francisco Giants, Saturday, June 7, 2025, in San Francisco. (AP Photo/Godofredo A. Vásquez)

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)

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)

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

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