✉news WorldUS Politics first seen 1 d ago, last 9 h ago, peak #15
Trump Urges Congress to Pass Credit Card Competition Act
Donald Trump has called on Congress to pass the Credit Card Competition Act, legislation aimed at increasing competition among credit card networks and potentially lowering interchange fees for merchants. The push aligns Trump with retailers who have long argued that Visa and Mastercard charge excessive swipe fees. The proposal is expected to face strong opposition from the banking industry.
Why now: Trump's endorsement gives new political momentum to a bill that retailers and banks have fought over for years
Donald TrumpUS CongressVisaMastercard
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