Durbin Visits Local Springfield Business To Discuss Credit Card Competition Act

Statement

Date: Jan. 29, 2024
Location: Springfield, IL

"At a time when consumers and small business owners are already concerned about the high prices of everyday items, the Visa-Mastercard duopoly is only making it worse. That's why I introduced the Credit Card Competition Act, which would introduce competition and choice to the credit card market and bring down excessive credit card fees. Our economy thrives when competition is robust, and the credit card market should be no exception."


Source
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