Senator David McCormick and his wife, Dina Powell McCormick, once normie Republicans and still an “it” couple, have written a book on mentors. The wildly successful duo had powerful ones from the pre-Trump GOP.
The Secret Monopoly Making Everything More Expensive
A two-decade fight with monopoly power in the payment system has arrived at a moment of truth, boiling down to one simple question: Will the courts bless price-fixing? Let’s hope not. Last week, Demand Progress, American Economic Liberties Project, Consumer Reports, and Small Business Majority asked a federal court to reject a proposed antitrust settlement that would bless the Visa-Mastercard duopoly in credit-card payment services. The case, officially known as In re Payment Card Interchange Fee and Merchant Discount Antitrust Litigation, grew out of a grievance merchants and consumers have nursed for decades that has curdled into something worse over…
Keep reading
Something went wrong. Please refresh the page and/or try again.
