Sen. Josh Hawley Presses Visa and Mastercard on Profit Margins скачать в хорошем качестве

Sen. Josh Hawley Presses Visa and Mastercard on Profit Margins

Visa and Mastercard executives revealed a profit margin of over 50%. Sen. Josh Hawley (R-MO) grilled representatives from the credit card companies for not negotiating lower interchange fees for small businesses as they do with large corporations. 'This is classic, classic monopolistic behavior,’ he said at the bipartisan Senate Judiciary Committee hearing on a bill that would lower the cost of interchange fees and create more networks to handle credit card transactions. Committee Chair Dick Durbin (D-IL) said of the hearing, ‘This is an odd grouping. The most conservative and the most liberal members happen to agree that we have to do something about this situation.’ » Follow NowThis Impact on Bluesky: https://bsky.app/profile/nowthisimpac... » Subscribe to NowThis Impact: https://go.nowth.is/Impact_Subscribe For more stories like this, subscribe to @NowThisImpact. #visa #mastercard #creditcards #Politics #News #NowThis Connect with NowThis » Like us on Facebook: https://go.nowth.is/Impact_Facebook » Connect with us on Twitter: https://go.nowth.is/Impact_Twitter » Follow us on Instagram: https://go.nowth.is/Impact_Instagram » Find us on Snapchat Discover: https://go.nowth.is/Impact_Snapchat NowThis is your premier media outlet providing you with all the content you need to stay up to date. We’re delivering all you need to know straight to your social feeds. We live where you live.    / @nowthisimpact   @nowthisimpact