Democratic Sen. Dick Durbin finally found a Republican partner to join him in taking on the nation’s big card network companies, Visa and Mastercard.
Durbin (D-IL) joined with Sen. Roger Marshall (R-KS) last month to introduce the Credit Card Competition Act of 2022, which would require credit card networks other than Visa, the largest network, and no. 2 Mastercard, be available to merchants for routing such transactions.