Senate Democrats take aim at credit card fees amid inflation ...Middle East

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Senate Democrats take aim at credit card fees amid inflation
source : Roll Call ( Middle East ) () 14
Democrats’ search for culprits and profiteers amid decades-high inflation turned to the credit card industry Wednesday with a hearing on transaction fees charged to merchants. In response to soaring inflation, Democrats have accused companies of raising prices disproportionately to increase profits amid demand and supply-chain bottlenecks. Visa Inc. and Mastercard Inc. came under fire at […] The post Senate Democrats take aim at credit card fees amid inflation appeared first on Roll Call.

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