Opinion: Keep the Credit Card Competition Act far from the Senate floor

At the end of last year, Congress came together to pass the 2023 omnibus spending bill. It included funding for 105 New Hampshire-specific projects like our food banks, our public libraries, and our local emergency services.

Additionally, the billions in funding for housing assistance, nutrition access, childcare, and help with utility bills are a lifeline for folks struggling to keep up with inflation.

But sometimes what stays out of a bill is almost as important as what winds up in it. Some members were pushing to add the Credit Card Competition Act (CCCA), which would have been disastrous for small businesses, their customers, and the local banks and credit unions that serve our communities.

Read more: Opinion: Keep the Credit Card Competition Act far from the Senate floor

Posted on February 17, 2023 and filed under Economy.