Who is lobbying on credit-card interchange ('swipe') fees and the Credit Card Competition Act? Show the organizations on each side, the bills, and the lobbying money, cited to the official record.

Lobbying on Credit Card Interchange Fees

The Bills: The Credit Card Competition Act has been reintroduced in the 119th Congress as S. 3623 (Sen. Marshall, R-KS) and H.R. 7035 (Rep. Gooden, R-TX), both introduced January 13, 2026 and currently referred to committee. Earlier versions were S. 1838 and H.R. 3881 in the 118th Congress.

Lobbying Volume: Between 2023–2026, 1,993 Senate LDA filings from 186 unique organizations mentioned interchange fees or credit card competition. The 119th Congress bills alone generated 287 filings (150 on S. 3623, 137 on H.R. 7035) from 101 unique clients.

Organizations Lobbying on the Bills

Payment Networks & Card Issuers (opposing/defending against fee caps):

• Visa, Inc.: 54 filings (2023–2026); $6.5M+ in disclosed lobbying expenses. Hired Crossroads Strategies, North South Government Strategies, Fulcrum Public Affairs, and others. Latest filing.
• Mastercard Worldwide: 3,180,000 in disclosed expenses (2026 Q1–Q2); filed issues on "interchange, cost of acceptance, debit interchange price controls, and routing mandates." Latest filing.
• American Bankers Association: 66 filings; $6.65M in expenses. Represents large card-issuing banks. Latest filing.
• Capital One Financial Corporation: 58 filings; $950K–$1.95M in expenses across 2026.
• Discover Financial Services, Inc.: 20 filings (outside firm lobbying).

Retailers & Merchants (supporting fee competition):

• Walmart Inc.: 32 filings; $470K–$1.95M in expenses. Hired The Nickles Group and others. Latest filing.
• Amazon.com Services LLC: 15 filings; $4.36M in disclosed expenses (2026 Q2 alone). Filed on "payment processing" and "the Credit Card Competition Act (S. 3623 / H.R. 7035)." Latest filing.
• National Retail Federation: 31 filings; hired Invariant LLC and others.
• Target Corporation: 32 filings; $470K in expenses.
• Lowe's Companies Inc.: $870K in expenses (2026 Q1).
• The Home Depot: 16 filings (outside firm).
• Best Buy Co., Inc.: 2 filings; $420K–$160K in expenses.
• Kroger Co.: $350K in expenses (2026 Q2).
• National Association of Convenience Stores: 44 filings; hired Atlas Crossing LLC. Latest filing.
• RaceTrac, Inc.: 29 filings; hired Atlas Crossing LLC.

Airlines (supporting fee competition):

• American Airlines, Inc.: 42 filings; hired CGCN Group, Williams and Jensen, and others.
• United Airlines Inc.: 34 filings; $2.07M–$2.38M in expenses.

Other Merchants & Coalitions:

• Electronic Payments Coalition: 49 filings (outside firm); represents payment processors and merchants. Latest filing.
• Merchants Payments Coalition, Inc.: Filed via The Nickles Group on "swipe fees and competitive routing."
• National Restaurant Association: 22 filings; $1.66M in expenses; filed on "swipe fees."
• National Association of College Stores: $10K in expenses; filed on "reducing credit and debit card interchange rates."
• U.S. Public Interest Research Group: $10K in expenses (2026 Q3); filed "thanking offices of Senators King, Lummis, and Moreno for cosponsoring the Credit Card Competition Act."

Top Lobbying Firms (by filing count on interchange/competition):

1. Crossroads Strategies, LLC: 61 filings, 7 clients
2. Harbinger Strategies, LLC: 57 filings, 5 clients
3. Invariant LLC: 51 filings, 4 clients
4. CGCN Group, LLC: 39 filings, 3 clients
5. Kountoupes Denham Carr & Reid, LLC: 37 filings, 4 clients

Quarterly Lobbying Trend: Filings remained steady at 112–164 per quarter from 2023–2025, then spiked to 127 filings in Q1 2026 and 119 in Q2 2026 following reintroduction of the bills.

Sources:

• S. 3623 (119th Congress)
• H.R. 7035 (119th Congress)
• S. 1838 (118th Congress)
• H.R. 3881 (118th Congress)
• Senate LDA filings: Visa, American Bankers Association, Walmart, Amazon, NACS, Electronic Payments Coalition