Why Visa and Mastercard are seeing their sharpest stock drops in half a year

Core Viewpoint - Investors are concerned about President Trump's endorsement of a measure that mandates a lower-cost alternative for credit card routing [1] Group 1 - The proposed measure aims to create a more cost-effective option for credit card routing, which could impact the profitability of credit card companies [1] - The uncertainty surrounding the implementation of this measure has led to increased anxiety among investors in the financial sector [1]