MPC Radio Ad: Senator Marshall says CCCA Will 'End the Grip Visa and Mastercard Have on Us'
Senator Roger Marshall says, "Every time you use your credit card, they charge you a hidden fee called a swipe fee, and they've been raising it without even telling you." The Credit Card Competition Act "would help end the grip Visa and Mastercard have on us" but "I need your help to get this passed. I'm asking you to call your Senators today and demand they pass the Credit Card Competition Act."
READ MORE +MPC Hill Blast: Hotel Owners Know Competition Will Improve Credit Cards
Check out this article from Laura Lee Blake, President and CEO of the Asian American Hotel Owners Association whose 20,000 members own 60 percent of U.S. hotels.
READ MORE +MPC Hill Blast: Facts Get in the Way
The giant Wall Street Banks fund a lot of groups. One of them is the Bank Policy Institute (whose Board includes the CEOs of JPMorgan Chase, Bank of America, Citi, and Wells Fargo, among others).
READ MORE +MPC Hill Blast: The Rest of the Story
With a nod to the late Paul Harvey, The Capitol Forum has given us the hidden background on the big banks’ misdirection on credit card rewards.
READ MORE +MPC Hill Blast: Major IT Outages Ground Flights, Hits Banks and Businesses Worldwide
As everyone learned, and many experienced first-hand, last week a flawed update from the cybersecurity software firm Crowdstrike disrupted operations at companies of all kinds throughout much of the world.
READ MORE +MPC Hill Blast: The Blame Game
Big Wall Street banks love to jack up fees on consumers. And they like to blame anything else they can for their decisions to do so.
READ MORE +Congressional Hearings Examining Credit Card Swipe Fees
Congress has held 17 hearings examining credit card swipe fees over the past 18 years.
READ MORE +MPC TV Commercial: Credit Card Swipe Fees Are a Punch in the Face
“Ever get the feeling big banks are taking a swipe at you?” a new Merchants Payments Coalition TV ad asks. “They are. Every time you swipe your credit card banks make big money, charging you up to 3% in hidden fees.”
READ MORE +In Case You Missed It -- Small Businesses February 2023
In case you've missed it, here's a look at what small businesses are saying about credit card swipe fees...
READ MORE +MPC Calls Banks' Swipe Fee Claims 'Downright Lies'
MPC told Congress a recent letter from banking associations was "filled with half-truths, untruths and downright lies" and presented a marked-up copy to set the record straight.
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