|
Federal judge rebukes administration's use of force during 'Operation Midway Blitz' ABC NewsAppeals court blocks release of hundreds of migrants arrested in Illinois just a day before they could have left detention CNNICE in Chicago: Federal judge's report shares details on use of force during Operation Midway Blitz ABC7 Chicago
|
|
'We agree on a lot more than I would have thought,' Trump says after 'great meeting' with Mamdani BBCTrump praises NYC Mayor-elect Mamdani after White House meeting, shrugs off being called 'fascist' CNBCMamdani's meeting with Trump comes with a power disadvantage PoliticoTrump-Mamdani live updates as incoming NYC mayor and president meet at White House CBS News
|
|
Treasury chief Scott Bessent has repeatedly brought up how he expects Americans to ring in the new year in part by reducing the amount of federal income tax that they hand over in every paycheck, making the move due to the tax cuts in the GOP's One Big Beautiful Bill Act.
|
|
The pharmaceutical giant Eli Lilly's stock has been riding the skyrocketing demand for its weight loss injection Zepbound and diabetes treatment Mounjaro.
|
|
I love it when organizations try and do something good, but don't think things through and end up delivering unintended negative consequences.
Today's case in point: the US Senate and the Federal Reserve, both of whom are looking to reduce high interchange costs, but are unintentionally increasing costs for merchants and sharply boosting the undiscovered fraud rate. Not bad for government work.
Let's start with the Senate, where Sens. Dick Durbin (D-IL) and Roger Marshall (R-KS) have crafted The Credit Card Competition Act of 2022. Its stated goal: reduce the interchange fee that financial institutions and card brands (Visa, MasterCard, Amex, etc.) charge retailers.
To read this article in full, please click here
|
|