Zoe Lofgren and Lance Gooden reintroduce the bipartisan Credit Card Competition Act to reduce swipe fees for consumers.
Quiver AI Summary
Congress members introduce new legislation: Congresswoman Zoe Lofgren and Congressman Lance Gooden have reintroduced the Credit Card Competition Act, designed to lower credit card swipe fees for American consumers. The bill addresses the current dominance of two major credit card companies that reportedly set high fees, contributing to increased costs for households.
Key supporters voice concerns: Lofgren stated, "The average American household is paying over $1,000 each year on credit card swipe fees," while Gooden emphasized the record profits being made by credit card companies at the expense of consumers. The legislation has garnered support from various consumer advocacy groups and political figures.
Next steps and background: This bill was previously introduced in June 2023 and is now being supported by key senators including Dick Durbin and Roger Marshall. The measure aims to enhance competition in the credit card market, which supporters claim will ultimately benefit consumers by reducing fees.
Disclaimer: This is an AI-generated summary of a press release. The model used to summarize this release may make mistakes. See the full release here.
Zoe Lofgren Fundraising
Zoe Lofgren recently disclosed $241.5K of fundraising in a Q3 FEC disclosure filed on October 15th, 2025. This was the 397th most from all Q3 reports we have seen this year. 68.7% came from individual donors.
Lofgren disclosed $180.4K of spending. This was the 335th most from all Q3 reports we have seen from politicians so far this year.
Lofgren disclosed $750.0K of cash on hand at the end of the filing period. This was the 422nd most from all Q3 reports we have seen this year.
You can see the disclosure here, or track Zoe Lofgren's fundraising on Quiver Quantitative.
Zoe Lofgren Net Worth
Quiver Quantitative estimates that Zoe Lofgren is worth $5.7M, as of January 13th, 2026. This is the 160th highest net worth in Congress, per our live estimates.
Lofgren has approximately $1.4M invested in publicly traded assets which Quiver is able to track live.
You can track Zoe Lofgren's net worth on Quiver Quantitative's politician page for Lofgren.
Zoe Lofgren Bill Proposals
Here are some bills which have recently been proposed by Zoe Lofgren:
- H.R.6870: To amend the Immigration and Nationality Act to require the President to set a minimum annual goal for the number of refugees to be admitted, and for other purposes.
- H.R.6207: Chip EQUIP Act
- H.R.5449: Redistricting Reform Act of 2025
- H.R.4999: Fusion Workforce Act
- H.R.4696: Renewing Immigration Provisions of the Immigration Act of 1929
- H.R.3227: Farm Workforce Modernization Act of 2025
You can track bills proposed by Zoe Lofgren on Quiver Quantitative's politician page for Lofgren.
