The dark money org pushing this line have placed op-eds in newspapers across red states, comparing transaction routing competition to your kids' data being snaffled up by Tiktok:
This nonsense was peddled by #LeagueOfSoutheasternCreditUnions president #SamanthaBeeler, whose org has spent $20,000 fighting the #CCCA, claiming that a "cheaper" system would be "less secure":
https://disclosurespreview.house.gov/ld/ldxmlrelease/2023/Q2/301493985.xml
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But that's small potatoes. *Millions* are being spent, *right now*, lobbying against CCCA - $5m from the #AmericanBankersAssociation, $2m from #CreditUnionNationalAssociation, another $400k from Mastercard.
For these rentiers, corrupting our government with millions is a *stellar* bargain if it lets them continue to collect rent *every time we spend money*.
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nostr:npub1hykucplphuhelaxutcw4jw3vuu7gcg42czhqmk7jhchs8vdga4fsj73p33 It's the "let's all point guns at our dicks together" all the time from the corporate propagandists these days.
Great thread, Cory. Thank you.
