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Trump has now endorsed the Durbin-Marshall swipe fee bill, pitching it as “competition” and consumer relief. In reality it shifts value from cardholders to retailers—cutting rewards, pushing issuers toward higher fees elsewhere, and shrinking credit availabil…
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https://viewfromthewing.com/trump-backs-credit-card-swipe-fee-crackdown-why-rewards-get-cut-and-fees-go-up/
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