Consumers will bear the cost of the Credit Card Competition Act, Robins Financial Credit Union President/CEO Christina O'Brien wrote in The Marietta Daily Journal. O'Brien says members of Congress should stand against the troublesome bill. 

"The Credit Card Competition Act of 2022 puts more power into the hands of the government by placing a federal mandate on credit card routing," she wrote. "While supporters of this legislation claim it would bring down the cost consumers pay at the store by limiting the small fees that merchants pay when they accept credit card transactions, data proves this is not the case."

O'Brien also opposed including the bill with any must-pass legislation before the end of the year, particularly the National Defense Authorization Act. 

"Efforts to force expensive routing mandates onto Americans, especially through defense legislation, should not be allowed to happen," she wrote.