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Public policy debates in the United States are often framed as efforts to protect consumers from corporate power. However, when policies are designed without adequate consideration of structural inequality, they…
The ills of credit card regulations spread far beyond large banks and credit card payment network companies, contrary to the assertions of advocates arguing for credit card routing mandates and…
What’s in a name? In the case of the Credit Card Competition Act (CCCA), quite a lot … and not in a good way. Despite its friendly-sounding label, this bill,…
The president’s recent demand that credit card companies reduce their interest rates to ten percent for 2026, as well as his endorsement of the Credit Card Competition Act, legislation that…
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…
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…
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…
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…