Credit-card companies look to be under a political microscope once again as senators announced a new bill that would target Visa Inc. and Mastercard Inc. What possible credit-card legislation ...

Opponents, including Visa and Mastercard, say the bill would reduce the security of credit card transactions and would lead to a reduction in rewards programs. Investor Alert: Our 10 best stocks ...

For years, merchants have battled banks and payment processors over credit card processing fees. That fight has risen to a fever pitch now that a bipartisan bill to curb those fees is on the table.

A bipartisan House bill introduced Monday calls for more competition in the credit-card market and takes aim at Visa and Mastercard. House Representatives Peter Welch (D., Vt.) and Lance Gooden (R ...

The bill, which could be introduced as soon as this week, aims to create more competition among U.S. credit-card networks, a sector where Visa and Mastercard have long dominated. Sen.

Currently, Visa and Mastercard control an estimated 85% of the U.S. credit card market, handling the vast majority of credit card transactions with cards issued on their networks.

While credit card debt for May 2025 technically set a record, topping May 2024 by 3 percent, it actually marks an 8 percent ...