Investors seem jittery about President Donald Trump’s support of a measure that would require a lower-cost alternative for credit-card routing.

Shares of the world’s largest payment networks fell after President Trump took to his Truth Social platform early Tuesday morning to endorse the Credit Card Competition Act. Visa dropped 4.5% in Tuesday trading,

Visa (NYSE:V) and Mastercard (NYSE:MA) shares fell over 5% on Tuesday, extending their recent losses after President Donald Trump reinforced his threat targeting credit card companies.

The Credit Card Competition Act, introduced in 2023, is legislation that would “enhance competition and choice in the credit card network market, which is currently dominated by the Visa-Mastercard duopoly.

Legislation would allow merchants to route transactions over multiple card networks, boosting competition, and more

Meanwhile, the company continues to send a lot of cash back to shareholders. In fiscal 2025, Visa returned $22.8 billion through share repurchases and dividends. The bulk of this capital return was in the form of share repurchases during fiscal 2025. Visa repurchased $18.2 billion worth of its own stock.

A proposed legal settlement between Visa, Mastercard and U.S. merchants could soon change how some shoppers pay at checkout.

The next wave of payments innovation uses tech to put people first, making money movement more secure, smarter and more personal. NORTHAMPTON, MA / ACCESS Newswire / January 13, 2026 /Originally published by Mastercard By Vicki Hyman,

The Citi® / AAdvantage® Platinum Select® World Elite Mastercard® is a good option if you want American Airlines perks for a lower annual fee. The card charges a $0 annual fee for the first year (then $99), and you still get a free checked bag and preferred boarding for you and up to four companions.

S&P 500 banking index fell ‌about 1 per cent. Other big banks, due to report their quarterly numbers later this week, are widely expected to post stronger results, helped by a pickup in dealmaking. U.

This is what current Bilt Mastercard cardholders should know about selecting a new Bilt Card 2.0, including dates and transition information.