Wall Street Mav|Mar 04, 2026 20:59
Trump endorsed the CCCA, and now it’s being added as an amendment to the 21st Century ROAD to Housing Act, meaning Americans would finally stop dealing with 3% swipe fees, brought about by companies like Mastercard and Visa charging Americans tens of billions of dollars yearly.
The CCCA & Trump demanding a cap on insane credit card transaction fees are huge win for Americans, but only if Republicans get behind this and actually vote on it.
Americans pay 5x more for swipe fees than Europeans because we don’t have any competition in the US market.(Wall Street Mav)
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