Lawmakers considering the Credit Card Competition Act are urged to avoid repeating pitfalls seen in swipe fee reforms. The opinion piece cautions that any sweeping changes need to be supported by thorough evaluations of potential benefits and drawbacks.

As U.S. policymakers push forward with stablecoin regulations, the biggest beneficiary might be the U.S. dollar itself. Legislation aimed at overseeing dollar-linked cryptocurrencies could fortify the greenback’s position in the digital economy.