legislation

USPS loses $6.5B in 2023, Keep US Posted calls to end postage hikes

Nonprofit advocacy group Keep US Posted warned that postage rate hikes are contributing to the U.S. Postal Service’s mounting losses after the USPS announced a loss of $6.5 billion for the fiscal year 2023 —... more »

Retailers urge Fed to lower debit card swipe fee cap

The National Retail Federation (NRF) urged the Federal Reserve to approve lowering its 21-cent cap on debit card “swipe” fees when the Board of Governors meets to consider proposed regulations on the issue. “Congress told... more »

Senators urge passage of Credit Card Competition Act

U.S. Senate Majority Whip Dick Durbin (D-IL), chair of the Senate Judiciary Committee, and U.S. Senators Roger Marshall (R-KS) and Peter Welch (D-VT), along with the Merchants Payments Coalition and small business owners from across... more »