Congress is considering legislation on credit cards, and the future of your credit card rewards could hang in the balance. Paul Weinstein, a senior fellow at the Progressive Policy Institute and Brian Kelly, founder of The Points Guy website, join the podcast to discuss a proposed bill that would regulate US credit cards. We discuss the guts of how credit cards work, why Americans are used to getting points or airline miles back on every purchase but Europeans are not, and how proposed legislation to lower credit card interchange fees would impact banks, airlines, merchants, consumers, and ultimately your points balance.

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