Credit Card Competition Act (2022)
Issue: Banking Fairness
Latest Action: Failed on
The bill generally prohibits credit card issuers from restricting the number of payment card networks on which an electronic credit transaction may be processed. Supporters believe that this would increase competition and lower interchange fees for merchants.
More Info
Read the Bill: US S.4674 US HR.8874See all bills from U.S. Congress
All bills about Banking Fairness credit card fees
Bill Status
- Introduced
- Passed First Committee
- Passed First Chamber
- Passed Both Committees
- Passed Both Chambers
- Enacted
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