Merchants Payments Coalition

08/03/2026

“In a competitive economy, we need a fair playing field on credit card fees,” NACS President and CEO Frank Gleeson says. That’s why it’s time for “everyone to step up this year to help move this issue across the line.”
Senator Roger Marshall, M.D. Senator Dick Durbin Senator Peter Welch Lance Gooden Representative Zoe Lofgren

What he’s heard and learned during the first half of the year. 

07/31/2026

Merchants say a proposed settlement of their long-running class action lawsuit over
Visa and Mastercard doesn’t go nearly far enough. “We expect many more objections to be filed that will present the court with clear evidence of the profound problems with this settlement that would make the already broken credit card market even worse,” MPC Executive Committee member and
NACS General Counsel Doug Kantor says.
Digital Transactions

07/30/2026

Massive profits of 48% at Visa and 47% at Mastercard were reported this week even as many small businesses and consumers continue to struggle with affordability. “Whether it’s the megabanks that issue the cards or the card networks that price-fix swipe fee rates, the card industry continues to make billions while small businesses and American families bear the burden,” MPC Executive Committee member and NACS General Counsel Doug Kantor says.
Senator Roger Marshall, M.D.Senator Dick Durbin Senator Peter Welch Lance Gooden Representative Zoe Lofgren

The nation’s two largest credit card networks reported mammoth profits this week even as many small businesses and consumers continue to struggle with affordability, MPC said.

07/30/2026

“The CCCA is the GOP’s golden opportunity to prove they get it and are willing to fight for the livelihoods of hard-working Americans over the Wall Street giants’ lobbyists,” conservative commentator and Moms for Liberty National Director Catalina Stubbe says. “And they can do so by saying that it advances President Trump’s affordability agenda.”
RealClearPolitics President Donald J. Trump Senator Roger Marshall, M.D. Lance Gooden

When Americans head to the polls in just a few months for the midterm elections, the most pressing issue on their minds as they fill in their ballots will be...

07/29/2026

A National Credit Union Administration rule blocking Illinois’ swipe fee law and endorsing the price-fixing of “opens the door to serious violations of U.S. antitrust laws (and) undermines long-accepted principles of competitive markets,” according to NACS.S. Comptroller of the Currency Illinois Retail Merchants Association Governor JB Pritzker

The interim final rule explains that FCUs may charge non-interest charges or fees, even when such charges and fees are set by third parties.

07/28/2026

After spending nearly $200 million unsuccessfully trying to kill the and other reform measures, “Visa, Mastercard and the big banks have money on their side but only vacant arguments,” Demand Progress Senior Fellow Carter Dougherty says.
Senator Roger Marshall, M.D. Senator Dick Durbin Senator Peter Welch Lance Gooden Representative Zoe Lofgren

Washington, D.C. — On Thursday, Demand Progress released a new report that exposes how the financial services industry has plowed around $200 million into advocacy efforts that are centered on blocking passage of the Credit Card Competition Act (CCCA), a bipartisan reform that would introduce comp...

07/28/2026

Megabanks are looking to buy a network to get around the Durbin Amendment’s regulated rate for debit card . But “such a deal could prompt backlash from lawmakers, regulators and merchants.”
Senator Dick Durbin The Wall Street Journal

A deal for a card network could allow bigger transaction fees, but some bank executives are worried about backlash.

07/27/2026

The card industry has spent $200 million fighting reform the past three years but “can never really answer the question of why they don't want to compete,” Demand Progress Senior Fellow Carter Dougherty says.
Senator Roger Marshall, M.D. Senator Dick Durbin Senator Peter Welch Lance Gooden Representative Zoe Lofgren Forbes

Opponents of the legislation argue it could impact Americans’ credit card rewards, while proponents argue otherwise.

07/27/2026

A rule from the National Credit Union Administration blocking Illinois’ ban on on sales tax and tips “does not provide a sound legal basis for blocking the Illinois law and was adopted without completing the required public notice and comment period.”S. Comptroller of the Currency Illinois Retail Merchants Association The Center Square

(The Center Square) – Gov. J.B. Pritzker and the Illinois Department of Revenue announced disaster tax relief for individuals and businesses in 11 counties affected by weather-related events between March

07/24/2026

A new report from the consumer group Demand Progress says the industry has spent roughly $200 million since 2023 trying to stop the and other reform initiatives. And the anti-CCCA Small Business Payments Alliance “presents itself as independent small-business owners” but is actually “a disclosed project” of the card industry’s Electronic Payments Coalition.
Senator Roger Marshall, M.D. Senator Dick Durbin Senator Peter Welch Lance Gooden Representative Zoe Lofgren