Card Swipe

Trump targets card swipe fees

Trump targets card swipe fees after interest rate threats

First President Donald Trump targeted the interest rates credit-card companies levy against US consumers. Now he’s targeting the interchange fees that merchants must pay to tap, swipe and insert their cards at checkout by endorsing a measure on Capitol Hill that aims to boost competition among payment networks.

Just The News · 56m

Bankers resist Trump's plan to reduce swipe fees, cap interest rates, call it 'misguided'

CSP Daily News · 1d

Senators reintroduce Credit Card Competition Act after Trump endorses bill to lower swipe fees

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Wall Street hits back at Trump’s plan to limit interest on credit cards

Major US banks have lashed out at Donald Trump’s proposal to cap credit card interest rates to address affordability concerns, warning the move could undercut a crucial source of industry revenue.

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Trump’s Credit Card Cap Would Squeeze a $70 Billion Bond Market

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4 ways Trump wants to make America more affordable. Will they work?

Stocktwits on MSN

Visa, Mastercard in trouble again? Trump revives Credit Card Competition Act to end ‘swipe fee ripoff’

The Credit Card Competition Act, introduced in 2023, is legislation that would “enhance competition and choice in the credit card network market, which is currently dominated by the Visa-Mastercard duopoly.

RiverBender.com

Durbin, Marshall Reintroduce The Credit Card Competition Act

WASHINGTON Today, U.S. Senate Democratic Whip Dick Durbin (D-IL) and U.S. Senator Roger Marshall, M.D. (R-KS) reintroduced the Credit Card Competition

WTKR

Are credit card rewards at risk? Congress eyes swipe transactions

If you are someone who uses credit card points to travel on the cheap, or cash-back rewards to lower your monthly bills, you may want to pay attention to a current debate in Congress. Advocates of credit card rewards say many perks could go away if ...

4hon MSN

Analyst says 'buy the dip' in this bank stock

President Donald Trump has unveiled a series of initiatives over the past two weeks to address the ongoing affordability crisis affecting millions of Americans, including proposing a cap on credit card interest at 10% on January 9.

Supermarket News

Some consumers in New England who shop for food at Stop & Shop Supermarkets and for clothing at T.J. Maxx have recently had firsthand experience with the potential perils of using credit and debit cards. As reported two weeks ago in SN, Stop & Shop, Quincy ...