News
The American Bankers Association and 52 state bankers associations today expressed strong opposition to the Durbin-Marshall Credit Card Mandate, also known as the Credit Card Competition Act (CCCA), warning in…
As the Credit Card Competition Act (CCCA) reemerges as a credible legislative threat, the Defense Credit Union Council moved quickly to push back, urging Senate leaders to block what it…
Government intervention in the U.S. credit card market would harm consumers, small businesses and community-based financial institutions by reducing choice, increasing costs and fraud risks, and creating economic challenges for…
The American Bankers Association, America’s Credit Unions, Association of Military Banks of America, Bank Policy Institute, Consumer Bankers Association, Defense Credit Union Council, Independent Community Bankers of America, Electronic Payments…
Senators Elizabeth Warren (D-Mass.) and Bernie Sanders (I-Vt.) are pushing two major government interventions that threaten access to credit for American households: interest rate caps and the Credit Card Competition…
Major airlines said on Monday they oppose a new effort to advance legislation that would reduce fees charged by Visa and Mastercard on transactions, saying it could force them to…