Credit Card Competition Act a common-sense bill backed by Moreno
Dear Editor: Ohio’s families and small businesses are that much closer to seeing some financial relief thanks to Senator Bernie Moreno’s recent decision to become a cosponsor of the Credit Card Competition Act (CCCA). We’re glad to have an elected official putting Main Street’s concerns over Wall Street’s bottom line. For businesses already stretched thin by other operational expenses, the swipe fees charged on each credit card transaction accumulate rapidly and are a major burden on local shops. As a result, many owners pass that burden down to their customers through ...