MPC Hill Blast: The Biggest Bipartisan Inflation Reduction Bill
What is the bipartisan policy before Congress with the greatest inflation reduction potential? The Credit Card Competition Act.
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MPC Hill Blast: Debit Card Competition Helps Credit Unions, Credit Card Competition Could, Too
You recently may have heard from credit unions, but they probably didn’t talk about how much debit card competition has helped them.
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MPC Hill Blast: The State of the Industry? Not Good
A global payments advisory firm just released its annual State of the Industry Report on payments. It demonstrated how broken the credit card market is. With Visa and Mastercard setting cartel prices for all bank competitors to charge the same thing, card fees keep going up – and profits for card companies and banks are outrageously high. Without some action, Main Street doesn’t stand a chance.
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MPC Hill Blast: Visa and Mastercard are Threatening to Dominate Stablecoins and Undermine the Innovations That Technology Could Make
Congress passed the GENIUS Act to regulate stablecoins and open the door to the innovation that technology could provide. But that is already under threat – from Visa and Mastercard.
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MPC Hill Blast: Credit Card Swipe Fees are the Top ‘Scam’ That People Accept as ‘Normal’
What's the No. 1 everyday scam that is so “normalized” that people just “accept” it? That’s right – it’s credit card swipe fees.
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MPC Hill Blast: Chef Andrew Gruel on How Swipe Fees Are Plaguing Restaurants
Chef Andrew Gruel gives candid thoughts on the credit card swipe fees that are plaguing restaurants around the nation.
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MPC Hill Blast: Reverse Robin Hood
A new report has revealed, once again, that the credit card industry’s fees hurt those least able to afford them.
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MPC Hill Blast: Credit Card Companies Charge Everyone More
Credit card swipe fees keep growing out of control. They hit a record $187 billion in 2024. The credit card industry tries every contortion it can to find a way this helps consumers, but they strike out every time. The latest swing and miss was highlighted by the Wall Street Journal.
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MPC Hill Blast: Even Banks Know Competition is Better – Except When it Comes to Credit Cards
This article on payments demonstrates the depths of hypocrisy of the credit card industry in its attempts to push giant swipe fees ever higher.
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MPC Hill Blast: Broad, Overwhelming Support for the Marshall-Durbin Amendment
Support for the Marshall-Durbin Amendment/Credit Card Competition Act, which would create some much-needed competition for credit card companies where none exists today, is much broader than you might think.
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