The Senate Judiciary Committee holds a listening to on breaking the Visa-Mastercard duopoly and bringing competitors and decrease charges to the bank card system. Witnesses testifying on the listening to embody: Roger Alford, professor of legislation on the College of Notre Dame Legislation Faculty; Chris Callahan, co-owner of Battenkill Books in NY; Doug Kantor, common … Read more
Visa and Mastercard executives revealed a revenue margin of over 50%. Sen. Josh Hawley (R-MO) grilled representatives from the bank card corporations for not negotiating decrease interchange charges for small companies as they do with massive companies. ‘That is traditional, traditional monopolistic conduct,’ he mentioned on the bipartisan Senate Judiciary Committee listening to on a … Read more
The US president, Joe Biden, defended his memory in a short speech after a report from the justice department questioned his ability to remember key events and facts. The report also exonerated Biden over his handling of classified materials. Biden disputed some press reporting that he had ‘wilfully retained documents’ and said the special counsel … Read more