MPC Hill Blast: The Tell
There is a long history of detecting deception by finding the key inconsistency in what someone says. ...The latest example from the bank lobby is their overwrought protestations that adding the Marshall-Durbin Amendment (the Credit Card Competition Act) to the GENIUS Act would be a “poison pill” sinking the GENIUS Act.
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MPC Hill Blast: Military Families Need the Marshall-Durbin Amendment
hat message has come through loud and clear from the American Logistics Association and the Armed Forces Marketing Council. Those two groups represent military PX stores.
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MPC Hill Blast: Needing Dollars, Iran-Backed Militias Turn To Visa and Mastercard – WSJ
“Needing Dollars, Iran-Backed Militias Turn To Visa and Mastercard” In case you missed it, that was the headline of a May 31 news story from the Wall Street Journal. The story makes a number of revelations.
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MPC Hill Blast: Coalition of Large Tribes Supports the Marshall-Durbin Amendment
The Coalition of Large Tribes has endorsed the Marshall-Durbin Amendment to provide some competition to rein in huge credit card swipe fees.
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MPC Hill Blast: ‘Bill Aimed at Reducing Credit Card Swipe Fees Puts Chinese Company in Crosshairs’
Washington Times story says ‘Bill Aimed at Reducing Credit Card Swipe Fees Puts Chinese Company in Crosshairs.’
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MPC Hill Blast: Wall Street Doubletalk: Swipe Fees Won’t Go Down, But Rewards Will Go Away
The giant Wall Street banks and their “experts” are throwing every argument they can think of against credit card competition. Even when they blatantly contradict themselves.
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MPC Hill Blast: No Innovation in Payments Without Competition
Payments in the United States is long overdue for innovation, but one MPC member recently coauthored an article with the CEO of a stablecoin company that shows how long overdue we are for real change.
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MPC Hill Blast: Credit Card Giants Like to Pretend
The credit card giants like to pretend that reforming swipe fees will only help large businesses, but that's just a way to hide what they're doing right now.
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MPC Hill Blast: Native American Businesses Support the Credit Card Competition Act
Native American businesses get unfairly charged huge credit card swipe fees – just like off-reservation businesses. Here are some of their voices.
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MPC Hill Blast: Small Businesses Are ‘At a Critical Inflection Point’
A recent survey of small businesses found that while 71% have had increased or at least steady sales, 44% have seen profits fall, 91% have had increased operational expenses, 76% have expenses rising faster than sales, and 73% said “government tends to do more to disadvantage small businesses than it does to help small businesses.”
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