Vote Yes on this bill if you want large credit card issuers to offer at least two unaffiliated processing networks, give merchants more power to choose cheaper routing options, and block risky or foreign state-backed networks from handling covered transactions.

Organizations that support this bill may include retail trade groups, convenience store associations, small business groups, and merchant organizations that want more competition in credit card processing and lower transaction fees.

Vote No on this bill if you want to preserve the current credit card network system, avoid new federal rules on card routing and security standards, and reduce the risk that banks respond by changing rewards, fees, or other card benefits.

Organizations that oppose this bill may include large banks, major credit card network companies, and financial industry trade groups that want to keep current network arrangements and worry about lost revenue or added compliance costs.