・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 ...

The reintroduction of the Credit Card Competition Act in January 2026 has major implications for the U.S. payments infrastructure, with the potential to fundamentally alter the competitive dynamics of ...

President Trump endorsed the bipartisan bill. Later the same day, Durbin and Marshall, along with U.S. Sen. Peter Welch (D-Vt.), formally reintroduced the bill in the U.S. Senate, while U.S. Reps.

This is read by an automated voice. Please report any issues or inconsistencies here. See more from the L.A. Times in Google Search. Set us as preferred Behind the credit card, ubiquitous in American ...

Alison is a senior news reporter covering US politics and legal news. The Credit Card Competition Act, or CCCA, targets swipe fees, which are the extra charge—typically 2-3%—that merchants pay to ...

Senators Roger Marshall (R-Kansas) and Dick Durbin (D-Illinois) reintroduced the Credit Card Competition Act (CCCA) on Tuesday after President Trump endorsed it earlier that day. The legislation aims ...

Credit card swipe fees have become one of the most prominent and oppressive issues for New York’s small business owners. Whether it's mom and pop stores upstate or corner store bodegas in Manhattan, ...

A customer uses the contactless payment chip in this VISA card to purchase gasoline at a gas station in Ridgeland, Mississippi, July 1, 2021. Credit: Rogelio V. Solis / AP The BDN Opinion section ...