WSJ Covers President Trump's Support for CCCA
The president has been increasingly vocal about his desire to see the bill passed quickly.
Oct 09, 2026 | 2 min read
On Thursday, the Wall Street Journal ran an article detailing President Donald Trump's support for the Credit Card Competition Act (CCCA). In recent weeks, the president has been increasingly vocal about not only being in favor of the bill but also his desire to see it passed quickly.
WSJ quoted a White House staffer directly in illustrating the president's urgency. “President Trump has been clear: Pass the Credit Card Competition Act and save American families from hidden swipe fees that cost households $1,200 a year,” said Taylor Rogers, a White House spokesperson. “He continues to urge Congress to meet this moment, put Main Street over Wall Street, and get this legislation to his desk.”
"The Credit Card Competition Act has a lot of momentum right now," said NACS Vice President of Government Relations Pace McMullan. "This past summer, we gained three additional senators — Angus King, Cynthia Lummis and Bernie Moreno — and Rep. Tony Wied, a former convenience store operator, as co-sponsors for the bill. I have been working on this bill since it was introduced, and I am as optimistic about the bill's chances right now as I have ever been."
The bill would bring long-overdue competition to the credit card marketplace by creating a choice for processing credit card purchases. As WSJ notes, the legislation “has the potential to upend the system of billions of dollars in fees that drive the credit-card industry, which means the president’s support has merchants salivating, and some bankers concerned."
The bill has long been a priority of both NACS and the convenience retailing industry as a whole because credit card swipe fees are one of retailers’ largest expenses, often second only to labor. Lower swipe fees will create substantial savings that retailers can use to offer lower prices to consumers and fund other priorities.
In addition to the president, Vice President J.D. Vance has also voiced support for the bill in recent months. Many observers of Capitol Hill feel that the bill is well positioned for success in the upcoming “lame duck” session of Congress, which will occur between election day and the swearing in of the next Congress in January 2027. Historically, lame duck sessions provide opportunities to advance a sitting president’s legislative priorities before the balance of power shifts.
NACS will continue to keep members updated on this issue.
