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Sen. Roger Marshall Presses for Credit Card Competition Act Vote

  • U.S. Sen. Roger Marshall, R-Kan., is pushing for a vote on the Credit Card Competition Act by adding it to the FAA Reauthorization bill.
  • Marshall introduced the proposal due to Senate leadership blocking the bill for two years.
  • The Credit Card Competition Act would mandate banks to enable card payments to be routed over competing networks alongside Mastercard and Visa.
  • Supporters argue the bill would provide merchants with more choices, while opponents claim it won't lower interchange fees for merchants or benefit consumers.

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