Business News
Analysis: Durbin-Marshall credit card bill could lead to $6.5 billion loss in economic activity, 6,800 lost jobs in Miami
Federal credit card regulations proposed in 2023 could lead to a loss of $6.5 billion in economic activity and 6,800 job losses in Miami, according to an analysis conducted for the Electronic Payments Coalition (EPC) by Oxford Economics Research (OER).
Miami Business Owner: ‘I call on Congress to reject’ the ‘Credit Card Competition Act’
Erwin Mosqueda, owner of Top Gun M.O.T. Design Services LLC in Miami, submitted testimony last month in opposition to the so-called “Credit Card Competition Act” (CCCA) currently pending in Congress.