Democrats on Capitol Hill called on former attorneys general Jeff Sessions and William Barr to testify over the subpoenas of Democratic Reps. Adam Schiff and Eric Swalwell.
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NATIONAL REPORT Visa Inc. and Mastercard Inc. are postponing plans to boost the fees U.S. merchants pay when consumers use credit cards, pushing back the changes another year to April 2022 due to the ongoing COVID-19 pandemic.
The plan included higher fees for the card networks most prominent programs and for many online transactions, with estimated increases of $768 million a year for Visa and $383 million for Mastercard, according to payments consulting firm CMSPI. Recognizing U.S. businesses are still facing many challenges posed by the COVID-19 pandemic, Visa has decided to significantly modify its planned April 2021 business release to delay the implementation of a number of interchange rate changes, the company told
Fresh off a major victory on a $1.9 trillion coronavirus relief package, the president and his Democratic allies face resistance in their own ranks to tackling other priorities without some Republican support.