Trump Is Right: Congress Should Pass Credit Card Competition Act

While voters are focused on a vast array of issues these days, nothing seems to shake Americans’ concerns with inflation and affordability. That’s why President Trump’s recent endorsement of the Credit Card Competition Act deserves the utmost attention from everyday consumers and, more importantly, their representatives in Congress. The president’s support shows he is critically aware of the damage done by exorbitant credit card swipe fees as they drive up the price of nearly all goods and services.
That’s because swipe fees are charged as a percentage of a total transaction amount, averaging…
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