The business case against credit card rate caps and routing mandates

Sacramento Business Journal – At first glance, proposals like the Credit Card Competition Act and President Donald Trump’s idea to cap credit card interest rates at 10 percent sound like clear wins for consumers and businesses alike. Lower fees, cheaper credit, and more competition are attractive concepts in an economy still grappling with inflation and […]

When disaster strikes, banks step up for California wildfire victims

Capitol Weekly – California’s wildfire season has become an unfortunate hallmark of modern life—an annual reminder of how quickly communities can be uprooted and how fragile day-to-day stability can be. Each year, families across the state confront the devastation of losing homes, treasured belongings, livelihoods, and any sense of normalcy. The Los Angeles wildfires from […]