David G. French

EVP, Government Relations at the National Retail Federation (@nrfnews) in Washington, DC. Views are my own.

[David G. French @davidfrench]

This is so cool.

[Ian Fraser @Ian_Fraser]

I could watch this for hours

[David G. French @davidfrench]

@FreeTradeBryan No policy beyond the barest fig leaf, just revenue.

[David G. French @davidfrench]

No correspondent, no respect @theAthleticMLB? Those Bucs are in second place.

[David G. French @davidfrench]

Swipe fee reform = affordability

[David G. French @davidfrench]

Affordability should start with anticompetitive swipe fees.

[Merchants Payments Coalition @MerchantsPymnts]

Rising #creditcard #swipefees are one of auto dealers’ top 10 expenses and an increasing number are surcharging for card use because “we can’t ignore this massive cost of acceptance,” consultant Amberly Allen says.
@pymnts #CreditCardCompetitionAct @SenatorDurbin @RogerMarshallMD @SenPeterWelch @LanceGooden @RepZoeLofgren https://t.co/CalUWiOxt1

[David G. French @davidfrench]

@triumph2159 @Jomboy_ 1957 World Series. Before replay, Nippy Jones shows shoe polish on the ball to convince Augie Donetelli that he was hit. https://t.co/36usI2xxBP

[David G. French @davidfrench]

@6dam_O @jiratickets Yenching Palace.

[Merchants Payments Coalition @MerchantsPymnts]

Oklahoma should pass state legislation to ban #creditcard #swipefees on sales tax and tips “to keep Main Street dollars out of Wall Street hands,” the Oklahoma Hotel and Lodging Association says.
@GovStitt
https://t.co/Af4Vd4rFTf

[Merchants Payments Coalition @MerchantsPymnts]

Colorado Governor Jared Polis should sign legislation banning #creditcard #swipefees on sales tax because the measure “will save Colorado small businesses and their customers millions of dollars each year and keep that money in the local economy rather than sending it off to out-of-state megabanks and global card networks,” MPC Executive Committee member and NACS General Counsel @doug_Kantor says.
@NACSonline @GovofCO @colo_politics https://t.co/7K62N41wXT

[David G. French @davidfrench]

@DTonPirates Not a chance. Keller's consistency makes the whole rotation better, and Gonzales has shown real progression y/o/y. Plus, it's the wrong question. Any team we are talking to will want Seth Hernandez or Esmerlyn Valdez or Edward Florentino.

[Merchants Payments Coalition @MerchantsPymnts]

State Senator Cristina Castro says “Credit card giants are trying to scare you” with false claims about Illinois’ ban on #credit card #swipefees on sales tax and tips but “these claims are false.”
#CreditCardCompetitionAct @SenatorDurbin @GovPritzker @ILRetail @dailyherald https://t.co/5H6dx3OJxL

[Merchants Payments Coalition @MerchantsPymnts]

By using regulatory action to try to block Illinois’ ban on #creditcard #swipefees on sales tax and tips, the OCC is “prioritizing the bottom line of banks and credit card companies over meaningful relief for businesses and consumers,” Illinois Retail Merchants Association President and CEO Rob Karr says.
@GovPritzker @ILRetail @DTPaymentNews @USOCC
https://t.co/3sylsCxm5u

[David G. French @davidfrench]

Crazy. Credit card companies made $200 billion last year from swipe fees while spending just a fraction on airline miles for rewards cards. Meanwhile, almost everything you buy is more expensive -- even if you never use a credit card -- because of these hidden fees.

[Jim Geraghty @jimgeraghty]

You might say that in some cases, instead of having airlines that run a credit card deal on the side, we have credit card companies that subsidize the air travel industry on the side. Courtney Miller observed last year, “No network airline made money moving people and things in 2024, including United Airlines and Delta Air Lines.”

Credit card companies purchase frequent flyer miles from the airline and reward them to the credit card user. Sometimes the credit card user redeems the miles and flies somewhere, but sometimes they don’t. But to the airline, it doesn’t matter that much, because the credit card company has already bought the miles and provided that revenue. In 2024, because of these payments from credit card companies, United, Delta, American, Southwest, and Alaskan Air all made operating profits.

Spirit Airlines had a credit card partnership with Bank of America. But this is another situation where large airlines have an advantage over smaller ones. After all, would you rather have a credit card and frequent flyer miles and potential free trips on a large airline that flies many places, or a smaller one that flies fewer places?

[Merchants Payments Coalition @MerchantsPymnts]

“#Creditcard fees are unreal. Sometimes, businesses get hit with a 3% or 4% credit card fee. So, from a business standpoint, we'd rather accept cash because then we don't get hit with that 3% or 4% fee," New York restaurant owner Elias Zeina says.
@SPECNews1CNY #CreditCardCompetitionAct #swipefee @SenatorDurbin @RogerMarshallMD @SenPeterWelch @LanceGooden @RepZoeLofgren @gillibrandny @SenSchumer https://t.co/QpRSXwj004

[Merchants Payments Coalition @MerchantsPymnts]

If Illinois’ ban on #creditcard #swipefees on sales tax and tips continues to survive legal challenges, TD Cowen policy analyst Jaret Seiberg says “it is only a matter of time before most other states adopt similar policies. It also likely encourages states to seek other limits on interchange fees using the same legal reasoning that these fees are set by networks rather than banks."
@AmerBanker @GovPritzker @ILRetail https://t.co/M5LDMdEqZe

[Merchants Payments Coalition @MerchantsPymnts]

End the Swipe Fee Ripoff, it's costing you 10¢ per gallon.

Tell Congress: Pass the Trump Endorsed Credit Card Competition Act.

[Merchants Payments Coalition @MerchantsPymnts]

With #creditcard #swipefees taking 2-4% out of each transaction, “Our retail members are more than happy to accept cash," National Retail Federation Senior Director of Government Relations Dylan Jeon says. "It's usually the cheapest form of payment for retailers."
#CreditCardCompetitionAct @SenatorDurbin @RogerMarshallMD @SenPeterWelch @LanceGooden @RepZoeLofgren @Newsday @NRFnews
https://t.co/VKwQnYBewQ

[Merchants Payments Coalition @MerchantsPymnts]

MPC is calling on the administration to retract rules issued by the OCC that would block state laws on #creditcard #swipefees, saying the move “flies in the face” of President Trump’s call for lower swipe fees and endorses the price-fixing of all fees charged by banks. @GovPritzker @ILRetail @realDonaldTrump @SenatorDurbin
https://t.co/mmAZDsDQdH

[Merchants Payments Coalition @MerchantsPymnts]

Delaware state Representative Kim Williams says she introduced a ban on #creditcard #swipefees on tips because “Why should a business pay an interchange fee on something that is not counted as revenue for their business? We’re not asking to remove the interchange fees on everything. We’re just saying don’t tax the tips.”
@derestaurant @MattMeyerDE https://t.co/qa6Gb8eMIN

[David G. French @davidfrench]

A little Brooklyn baseball to cheer on the ⁦@GSOHoppers⁩ at the second best amusement park baseball park in the US.

[Dr. Roger Marshall @RogerMarshallMD]

Today, Americans will spend $58,226,000 on swipe fees at the pump.