Visa and Mastercard bill nothingburger πŸ”
Every now and then, there is a temporary scare about $V and $MA. This time it’s a proposed bill about credit card swipe fees. However, the bill has absolutely no chance of passing anytime soon, if ever.

Time to take advantage of Mr. Market and get a few shares while they are down.


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Brett Schafer's avatar
Why do you think it has no chance of passing?
Michael Szumielewski's avatar
@ccm_brett Not enough political support to get a vote, as far as I understand the situation.
Dissecting the Markets's avatar
@caridinacapital there might be much talk about it, but I bet that the majority of people in Congress will vote to tame the absurd credit card processing fees.

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