Bavuma grit and Markram century put South Africa on brink of historic WTC win over Australia

LONDON (AP) — Hobbling captain Temba Bavuma and hundred-hitter Aiden Markram pushed South Africa to the brink of a sensational victory over Australia in a gripping World Test Championship final at Lord's on Friday.

Bavuma, elevating the drama with a strained left hamstring, and opener Markram capitalized on ideal batting conditions. They partnered for an unbroken 143 runs against one of Australia's greatest bowling attacks to have South Africa 69 runs from an historic triumph.

Chasing 282 to win, the Proteas were 213-2 at stumps on day three in a stirring bid to win a first ICC trophy in 27 years.

Bavuma was 65 not out from 121 balls, his running restricted but not his batting technique, and Markram was 102 not out from 159, easily the highest individual score of the final.

Defending champion Australia bombarded them with four of its top-10 all-time test wicket-takers — more than 1,500 wickets in total — but they couldn't part the Proteas pair, and hardly troubled them.

In South Africa's huge favor, the day three pitch flattened, offered the bowlers little and was far easier paced than the first two chaotic days, when 14 wickets fell on each. Only four wickets were taken on Friday, and none after tea.

South Africa won't go to bed entirely comfortably, though. The men’s team has a heartbreaking history in ICC tournaments of blowing winning positions. It is the reason its only ICC trophy is the ICC Knock Out in 1998.

“This would be massive for our country,” Proteas batting coach Ashwell Prince said. "Both in terms of what we want to do in test match cricket and what we want to achieve going forward. We've fallen short in some white-ball competitions with teams that have been favorites at times. History says we haven't done it yet, so we have to knuckle down.

“Not sure how I'm going to sleep tonight. Whether I can fall into a deep sleep, I'm not sure!”

It's certain serial champion Australia still believes, too.

“In the morning we've got to come back and try and form a plan,” Beau Webster said. “The boys will be looking at any advantage we can get. Strange things happen in this game.

“We tried some new things with the bowling attack but they were just too good in the end ... and both of them were chanceless so complete credit to them."

The odds were in Australia's favor when South Africa's chase began straight after lunch.

To win, a work-in-progress batting lineup needed to equal England's most successful ever run chase at Lord's from 2004.

By the time pacer Mitchell Starc removed Ryan Rickelton and Wiaan Mulder, South Africa was 70-2 but flying.

There was positive intent missing from the first innings, and the strike was rotated constantly. Australia managed only three maidens in 56 overs, all by spinner Nathan Lyon.

Starc could have reduced South Africa to 76-3 when Bavuma, on 2, thick-edged to first slip.

But a helmeted Steve Smith, standing closer than usual to the wickets because the ball hasn't been carrying to the cordon all game, couldn't hold Starc's 138 kph delivery and broke his right pinkie finger. He immediately left for a hospital, was out of the final and probably the following three-test tour of the West Indies.

Given life, Bavuma was on 9 when he hurt his hamstring 10 minutes before tea. Prince said he was adamant about continuing but noticeably limping. The captain soothed his dressing room with pulls and sweeps and hobbled runs, each one rousing the South Africa fans. Bavuma reached his 50 off 83 balls.

Meanwhile, Markram was cutting and driving to 50 off 69 balls. The best of his 11 boundaries was a late cut off Starc expertly sliced between two fielders. His reaction to his eighth test century five minutes from stumps was muted. He had enough strength to raise his bat to all sides and receive applause and a hug from his captain.

South Africa's celebratory end to Friday the 13th contrasted starkly to the deflating start to the day.

The Proteas would have expected to begin the chase by bowling out Australia, resuming on 144-8, half an hour after the start of play. Lyon was dismissed early and gave Kagiso Rabada his ninth wicket of the match but tailenders Starc and Josh Hazlewood resisted for almost two hours.

Starc achieved his 11th test fifty, and first in six years. He and Hazlewood's third 50-plus partnership for the 10th wicket tied the all-time test record.

The stand ended on 59, Hazlewood out for 17 to part-timer Markram. Starc was not out on 58 from 136 balls. He'd entered at 73-7, when Australia led by 147, and combined mainly with Alex Carey and Hazlewood to conjure 134 more runs.

Those runs and South Africa's 20 no balls appeared to put Australia beyond reach. But Bavuma and Markram had the confidence and the pitch to defy nearly all expectations.

AP cricket: https://apnews.com/hub/cricket

Australia's Mitchell Starc, left, reacts as South Africa's captain Temba Bavuma, right, and batting partner Aiden Markram run between the wickets to score on day three of the World Test Championship final between South Africa and Australia at Lord's cricket ground in London, Friday, June 13, 2025. (AP Photo/Kirsty Wigglesworth)

Australia's Steve Smith reacts in pain as he leaves the field after getting hurt while fielding on day three of the World Test Championship final between South Africa and Australia at Lord's cricket ground in London, Friday, June 13, 2025. (AP Photo/Kirsty Wigglesworth)

South Africa's Aiden Markram plays a shot on day three of the World Test Championship final between South Africa and Australia at Lord's cricket ground in London, Friday, June 13, 2025. (AP Photo/Kirsty Wigglesworth)

Australia's wicketkeeper Alex Carey, right, reacts as South Africa's Aiden Markram plays a shot on day three of the World Test Championship final between South Africa and Australia at Lord's cricket ground in London, Friday, June 13, 2025. (AP Photo/Kirsty Wigglesworth)

South Africa's captain Temba Bavuma reacts after playing a shot on day three of the World Test Championship final between South Africa and Australia at Lord's cricket ground in London, Friday, June 13, 2025. (AP Photo/Kirsty Wigglesworth)

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)