Regulation News
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Economist: Credit card bill opposed by MO bankers ‘should really be called the Credit Card Anti-competition Act’
An economist with the International Center for Law & Economics (ICLE) said that credit card regulations proposed in Congress would reduce competition among credit card issuers.
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National Payments Group: Hawley-backed credit card regs ‘anti-growth and dangerous for America’
Federal credit card regulations proposed in 2023 could lead to a loss of $227 billion in economic activity and 156,000 job losses, according to an analysis conducted for the Electronic Payments Coalition (EPC) by Oxford Economics Research (OER).