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Killing Credit Access with Price Controls

Killing Credit Access with Price Controls

Originally published at X.com. It has been republished here with permission of the Author. ​Imagine you’re at the grocery store, using your rewards credit card to earn points for a future flight or cash back. But behind the scenes, lawmakers are pushing policies...
Government Price Controls on Credit Cards Hurt People

Government Price Controls on Credit Cards Hurt People

As Congress revives the misnamed Credit Card Competition Act and state legislatures push bills to regulate swipe fees, policymakers are quietly setting the stage for a major disruption in how Americans access credit. These proposals aim to cap interchange fees—those...