The National Association of Wholesaler-Distributors (NAW) applauds President Trump’s call for Congress to pass the Credit Card Competition Act (CCCA). Swipe fees have continued to surge over the last decade and for wholesaler-distributors operating on tight margins, these fees now rank among the highest operating costs. With just a handful of large companies controlling roughly 80 percent of the market, meaningful market-driven reform is unlikely without congressional action. NAW echoes the President’s request that Congress advances the CCCA to restore competition, lower costs across the supply chain, and deliver relief for our industry and the customers we serve.

About NAW
The National Association of Wholesaler-Distributors (NAW) is one of America’s leading trade associations, representing the $8.2 trillion wholesale distribution industry. Founded in 1946, NAW includes national, regional, and state employers of all sizes, as well as industry trade associations and stakeholders across every distribution sector. The industry employs over 6 million workers nationwide and accounts for nearly one-third of U.S. GDP. Learn more at www.naw.org.

Media Contact: Meghan Cieslak, [email protected]