Visa and Mastercard network fees are ‘part of problem’ as consumers face rising prices, lawmakers say. A bipartisan bill aimed at increasing competition in the Visa- and Mastercard-dominated credit card processing network is gaining momentum in Washington as companies take sides on whether it will ultimately help cut consumer and merchant costs.The bill, the Credit Card Competition Act, seeks to increase industry competition by requiring credit card-issuing banks with assets over $100 billion to
Kansas Senator Who Wants To Reduce Credit Card Fees Is Tarred as a Communist for His Efforts
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The Big-Box Bill: A Government Handout to Walmart and Target
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