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Biden Administration Takes a Swipe at Credit Card Industry

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Biden Administration Takes a Swipe at Credit Card Industry
The logo for Capital One Financial is displayed above a trading post on the floor of the New York Stock Exchange on July 30, 2019. Richard Drew/AP Photo
Stephen Moore
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Commentary

The Biden administration regulators see a monopoly boogeyman behind the curtain of nearly every business merger and acquisition—from airlines to cellphones to chicken producers.

Stephen Moore
Stephen Moore
Author
Stephen Moore is a senior fellow at the Heritage Foundation, chief economist at FreedomWorks, and co-founder of the Committee to Unleash Prosperity. He served as a senior economic adviser to Donald Trump. His latest book is “Govzilla: How the Relentless Growth of Government Is Impoverishing America.”
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