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Visa executive gets confronted with a statement from his CFO: “So net-net, I mean [Visa is] a beneficiary of inflation.” Visa makes money when American consumers lose Today, they get held accountable in a Senate hearing Contact your Senator and tell them to support the Credit Card Competition Act!

280,063 views • 1 year ago •via X (Twitter)

10 Comments

Moderate to Severe's profile picture
Moderate to Severe1 year ago

Bill Sheedy is looking shady. Of course he would never admit that VISA makes more money when the consumers are getting screwed over by inflation because that would imply a predatory and adversarial relationship with the consumer. And that can't be right, can it?

Oreo_Speedwagon's profile picture
Oreo_Speedwagon1 year ago

Wait. Durbin repeatedly talks about, "The weakness in our economy". Haven't the Dems have been touting how strong our economy is? 🤨🙄

XZherron's profile picture
XZherron1 year ago

When people are strapped for cash the credit card becomes a means of survival and with inflation under Biden millions are in credit card debt paying upwards of 30% interest. It's about time someone holds them accountable.

Philip Anderson's profile picture
Philip Anderson1 year ago

Drop all charges against J6 defendants on DAY ONE. Free all J6 prisoners on DAY ONE Anything less than that is UNACCEPTABLE

paula wilson's profile picture
paula wilson1 year ago

Inflation has allowed credit card companies to prosper in the financial desperation of Americans trying to survive!

Nicki 🇺🇸's profile picture
Nicki 🇺🇸1 year ago

This another for show hearing where nothing will change!

Scott Craig's profile picture
Scott Craig1 year ago

CC interest rates are absolutely crazy!

Pepe Deluxe 🐸's profile picture
Pepe Deluxe 🐸1 year ago

Not having the issuing banks there show how ignorant we as #MAGA are on how the Visa/MC works They make the same no matter what rates the issuing banks charge In fact if we lower rates I'm sure Visa MC won't mind at all Nobody asked the right questions at all

Michele's profile picture
Michele1 year ago

My RINOs aren’t listening to their constituents.

kev74's profile picture
kev741 year ago

For these guys, a senate hearing is the equivalent of getting detention - mild annoyance for a few hours. I wouldn't call it being held accountable.

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