A bipartisan bill, the Credit Card Competition Act, has been reintroduced to force large banks to offer alternative payment ...
The legislation would allow merchants to route transactions over multiple card networks, boosting competition, cutting costs for ...
Sens. Dick Durbin and Roger Marshall reintroduced their proposal calling for increased competition in the card network industry after the president endorsed it.
The move comes days after Trump pushed for a one-year cap of 10% on credit card interest rates, calling it a move to improve affordability for consumers.