Mastercard, Visa Put Decision to Track Gun Shop Purchases on Hold
Video Credit: Wibbitz Top Stories - Duration: 01:30s - Published
Mastercard, Visa Put Decision to Track Gun Shop Purchases on Hold
Mastercard, Visa , Put Decision to Track , Gun Shop Purchases on Hold.
ABC reports that both Visa and Mastercard
have paused their plan to track
purchases made at gun shops.
ABC reports that both Visa and Mastercard
have paused their plan to track
purchases made at gun shops.
The decision comes as a major
win for Conservative groups and
advocates of the Second Amendment.
Meanwhile, the decision represents
a bitter defeat for gun control groups.
According to supporters of tracking gun purchases,
the decision would allow authorities to see potential
red flags prior to a potential mass shooting.
.
Major pushback was received after the
announcement by Visa and Mastercard to implement
a separate merchant code for gun shop purchases.
.
Major pushback was received after the
announcement by Visa and Mastercard to implement
a separate merchant code for gun shop purchases.
.
ABC reports that the pushback aimed
at the payment networks primarily came
from the gun lobby, as well as GOP politicians.
Attorneys general representing 24 GOP
states threatened legal action against the
payment networks if the plan moved forward.
Visa and Mastercard came to
the correct conclusion.
However,
they shouldn’t just ‘pause’ their
implementation of this plan—
they should end it definitively, Montana Attorney General Austin Knudsen, via ABC.
According to Visa, the threat of legal action was
at least partially responsible for the company
putting the implementation on hold.
According to Visa, the threat of legal action was
at least partially responsible for the company
putting the implementation on hold.
There is now significant confusion
and legal uncertainty in the payments
ecosystem, and the state actions
disrupt the intent of global standards, Visa, via statement
Visa and Mastercard Settle , Antitrust Suit Over Swipe Fees.
The two companies have reached a settlement with American merchants which could "save consumers tens of billions of dollars," NBC News reports.
Credit card companies collect
swipe fees to enable transactions.
These fees are passed on
by merchants to consumers.
The settlement is a result of a 2005 lawsuit
alleging that merchants pay exorbitant fees
to accept the companies' credit cards. .
In 2018, the credit card companies agreed to pay $6.2 billion in response to the lawsuit,
but two issues still needed to be resolved.
Those issues pertained to rules imposed by Visa
and Mastercard to accept their cards, and merchants who decided not to be included in the settlement. .
As part of the recent settlement, credit
interchange fees will now be capped into 2030.
The fees must also be negotiated
with merchant buying groups.
Over 90% of the merchants included in the settlement are small businesses, Visa said. .
The settlement must be approved by
the Eastern District Court of New York
but will likely take effect by early 2025
Credit: Wibbitz Top Stories Duration: 01:30Published
Tennessee Passes Bill , Allowing Teachers to Carry Guns.
The Tennessee House of Representatives passed the bill by a vote of 68-28 on April 23, CBS News reports.
The legislation would grant some teachers
and staff the right to carry concealed
handguns at public schools.
The bill will now be sent to Republican
Gov. Bill Lee to either sign or veto. .
If signed into law, the legislation would represent the largest expansion of gun access in Tennessee since the deadly shooting at
The Covenant School in Nashville last year.
Teachers and staff carrying guns would only be known to administrators and police.
Teachers and staff carrying guns would only be known to administrators and police.
Other teachers and students' parents
would not be privy to the information. .
If a school worker wants to carry a handgun, they'd have to have a "permit and written authorization from the school's principal and local law enforcement," CBS News reports. .
If a school worker wants to carry a handgun, they'd have to have a "permit and written authorization from the school's principal and local law enforcement," CBS News reports. .
School districts would need
to grant permission as well.
A background check and 40 hours of training would also be mandatory.
However, school staff would be prohibited from carrying their guns during events at stadiums, gymnasiums or auditoriums. .
Protesters shouted
"Blood on your hands" after
the bill was passed by the
House on April 23
Credit: Wibbitz Top Stories Duration: 01:30Published
Senate Passes $95 Billion , Foreign Aid Package.
On April 23, the U.S. Senate voted
79-18 to approve foreign aid for Ukraine,
Israel and Taiwan, 'The Guardian' reports. .
Today the Senate sends a unified
message to the entire world:
America will always defend
democracy in its hour of need, Senate Majority Leader Chuck Schumer, via statement.
Make no mistake, America will deliver
on its promise to act like a leader on the
world stage, to hold the line against
autocratic thugs like Vladimir Putin. , Senate Majority Leader Chuck Schumer, via statement.
The package includes $60.8 billion for Ukraine,
$26.3 billion for Israel and $8.1 billion for Taiwan.
The package includes $60.8 billion for Ukraine,
$26.3 billion for Israel and $8.1 billion for Taiwan.
The package includes $60.8 billion for Ukraine,
$26.3 billion for Israel and $8.1 billion for Taiwan.
A provision to ban TikTok
after the election if ByteDance refuses
to sell the platform is also included.
The legislation will now head to President Biden, who told Ukrainian President Volodymyr Zelensky on
April 23 that he will "move quickly" to provide aid.
Senate Majority Leader Chuck Schumer praised House Speaker Mike Johnson, .
Senate Majority Leader Chuck Schumer praised House Speaker Mike Johnson, .
with whom he worked "hand in hand and shoulder to shoulder to get this bill done.".
A lot of people inside and
outside the Congress wanted this
package to fail. But today those in
Congress who stand on the side of
democracy are winning the day, Senate Majority Leader Chuck Schumer, via statement.
Senate Republican Leader Mitch McConnell also issued a statement.
Today’s action is overdue, but our work
does not end here. Trust in American
resolve is not rebuilt overnight. Expanding
and restocking the arsenal of democracy
doesn’t just happen by magic, Senate Majority Republican Leader Mitch McConnell, via statement
Credit: Wibbitz Top Stories Duration: 01:31Published
Title IX Regulations Add Protections , for Transgender Students.
Title IX prohibits "sex-based discrimination at government-funded schools," 'The Hill' reports. .
On April 19, the Biden administration revealed the last of its changes to the federal civil rights law. .
The new regulations expand how sex discrimination is defined, now including
sexual orientation and gender identity. .
These final regulations build on the
legacy of Title IX by clarifying that
all our nation’s students can access
schools that are safe, welcoming,
and respect their rights. , Education Secretary Miguel Cardona, via statement.
The update also reinstates "protections for student survivors of sexual assault and harassment" which were changed under President Trump, 'The Hill' reports.
Catherine Lhamon, the Education Department’s assistant secretary for civil rights, .
says the new rules will help schools
respond to "all sex discrimination,
not limited to sexual harassment.".
Biden's final changes to Title IX
are sure to be condemned by Republicans
who view transgender protections as failing
to protect cisgender women and girls.
The new changes will take effect Aug. 1.
The Biden administration has not yet finalized an additional rule pertaining to sports eligibility. .
Since 2021, 24 states have passed laws prohibiting transgender student-athletes from playing on
sports teams that align with their gender identity
Credit: Wibbitz Top Stories Duration: 01:31Published
House Republican leaders have lambasted President Joe Biden for his perceived inaction in enforcing existing measures against Iran. Representative Steve Scalise, the No. 2 House Republican, voiced concerns over the administration's policies allegedly facilitating Iran's oil sales, which fund terrorism. The Biden administration faces mounting pressure to deter future attacks without exacerbating regional tensions or antagonising China, a major buyer of Iranian oil.
#Biden #BidenSanctions #BidenIraq #AlSudani #BidenGaffee #USnews #Politics #IsraelIran #IranAttacksIsrael #Worldnews #Oneindia #Oneindianews
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Biden Cancels Over $7 Billion in Student Debt , for More Than 277,000 Borrowers.
On April 12, President Joe Biden said that over 277,000 borrowers in more than
40 states will have $7.4 billion in student
loan debt wiped out, 'The Hill' reports. .
To date, the Biden administration has canceled $153 billion in student loan debt. .
From day one of my administration,
I promised to fight to ensure higher
education is a ticket to the middle class,
not a barrier to opportunity. , President Joe Biden, via statement.
I will never stop working to cancel
student debt – no matter how
many times Republican elected
officials try to stop us, President Joe Biden, via statement.
'The Hill' reports that Biden's loan forgiveness has largely been aimed at helping
"public service workers, those on IDR plans," .
people who've been defrauded by educational institutions and those with disabilities. .
Republican Rep. Virginia Foxx, chair of the House Education Committee, issued a statement in response to Biden's actions. .
The administration is tone deaf.
There’s no other way to put it, Rep. Virginia Foxx, chair of the House Education Committee, via statement.
We know that instead of doing its
job the administration focused
time, energy, and resources on
its illegal student loan scheme. , Rep. Virginia Foxx, chair of the House Education Committee, via statement.
And that has been frustrating, especially
since it has jeopardized the academic
journey of millions of students, Rep. Virginia Foxx, chair of the House Education Committee, via statement.
But what is absolutely maddening is
that the administration is STILL not
doing its job and instead focusing on
its student loan shenanigans. , Rep. Virginia Foxx, chair of the House Education Committee, via statement.
White House press secretary Karine Jean-Pierre said, , “We know what Republicans are going to do; we can’t
stop them from that. But it’s also not going to stop the president from acting and taking action, like he is today.”
Credit: Wibbitz Top Stories Duration: 01:30Published