BETHESDA, MD – American Beverage Licensees (ABL) issued the following statement after President Donald J. Trump announced his support today for the bipartisan Credit Card Competition Act:

“America’s beer, wine and spirits retailers thank President Donald Trump for his support of the Credit Card Competition Act and for highlighting the need to rein in excessive credit card fees that burden Main Street businesses.  This commonsense legislation will help local bars, taverns, liquor stores, and consumers across America by increasing competition in the credit card network market and helping to reduce runaway swipe fees that raise costs on small businesses and everyday Americans.  ABL urges Congress to take swift action and pass the bipartisan Credit Card Competition Act to deliver real relief for small businesses and consumers alike.”

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