Amends the Electronic Fund Transfer Act to enhance competition in credit card transactions.

The Credit Card Competition Act of 2026 amends the Electronic Fund Transfer Act to require the Board of Governors of the Federal Reserve System to establish regulations promoting competition in credit card transactions. The Board must create a public list of payment card networks posing national security risks or being foreign state-owned. Regulations must prohibit covered card issuers and networks from restricting the number of networks for processing credit card transactions. The Board must update this list every two years.

Amends the Electronic Fund Transfer Act to enhance competition in credit card transactions.

The Credit Card Competition Act of 2026 amends the Electronic Fund Transfer Act to require the Board of Governors of the Federal Reserve System to establish regulations promoting competition in credit card transactions. The Board must create a public list of payment card networks posing national security risks or being foreign state-owned. Regulations must prohibit covered card issuers and networks from restricting the number of networks for processing credit card transactions. The Board must update this list every two years.