It's time we bring back real competition to the credit card industry, the kind that encourages growth and brings about lower prices. This bipartisan bill that I've described to you, The Credit Card Competition Act was endorsed by President Trump this week. It was kind of a pleasant surprise. I didn't know it was coming. He was unequivocal in supporting it. It would address the outrageous swipe fees that are being charged to retailers. (10:24–10:29)
CLAIM
Asserts that President Trump endorsed the Credit Card Competition Act.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
