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◆ Mixed look for MarshallEconomy

President Trump backs Durbin's bill to lower credit card swipe fees

Marshall reintroduced the bill with Durbin, and Trump publicly urged support for the proposal.

President Trump backs Durbin's bill to lower credit card swipe fees
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Outlet credibilityNbcchicago77/100 HIGH
This article1 analysis · Oct 11, 2026
Jan 13, 2026
tl;dr

President Donald Trump endorsed a bipartisan bill from Sens. Dick Durbin and Roger Marshall that would require large banks to support multiple card networks, a change intended to lower swipe fees. Banking and credit union groups warn it could reduce security and credit card rewards.

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Roger Marshall R · KS · SEN
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SWIPE →
Roger Marshall
R · KS · SEN

Senator and co-sponsor of the Credit Card Competition Act

PRIMARY SUBJECT
Donald Trump
R · President of the United States

President who endorsed the Credit Card Competition Act

Trump's version of this story ↗
Richard J. Durbin
D · IL · SEN

Senator and co-sponsor of the Credit Card Competition Act

Durbin's version of this story ↗
ALSO MENTIONED  JB Pritzker, Governor of Illinois who signed the state’s Interchange Fee Prohibition Act

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