The fight more than a monthly bill focusing on credit card charges pits payment companies towards merchants

Vital Points

A bipartisan drive in Washington to clamp down on credit rating card charges is pitting stores like Walmart towards network payment processors these kinds of as Visa.
Bipartisan assist for the Credit score Card Levels of competition Act has surged given that it was released past year.
“It can be time to inject true competitiveness into the credit score card community market place, which is dominated by the Visa-Mastercard duopoly,” Sen. Dick Durbin, D-Unwell., said.

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Tom Lee’s Granny Shots ETF rakes in billion in AUM just 9 months after inception

Finance

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Tom Lee, managing partner and the head of research at Fundstrat Global Advisors, speaks on CNBC’s “The Exchange” on Oct. 31, 2023. Adam Jeffery | CNBC An ETF driven by Tom Lee, an unabashed bull on Wall Street with a big online fandom, just hit another milestone. His first exchange-traded fund Fundstrat Granny Shots US Large […]