Tweet - "NEWS: Yesterday, Senator @RogerMarshallMD and I introduced the bipartisan Credit Card Competition Act of 2022, legislation that would enhance competition and choice in the credit card network market, which is currently dominated by the Visa-Mastercard duopoly."
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Issues: Economy and Fiscal
"NEWS: Yesterday, Senator @RogerMarshallMD and I introduced the bipartisan Credit Card Competition Act of 2022, legislation that would enhance competition and choice in the credit card network market, which is currently dominated by the Visa-Mastercard duopoly.
The Durbin/Marshall Credit Card Competition Act is supported by a range of organizations, including
@FMI_ORG, @NFIB, @NACSonline, @NRFnews, and @NationalGrocers.
Credit card swipe fees inflate the prices that consumers pay for groceries & gas. Injecting real competition into the credit card network market--which is dominated by the Visa-Mastercard duopoly--will help reduce fees & hold down costs for Main Street merchants & their customers."
@SenatorDurbin
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