Never understood why the Biden administration picked the former head of Mastercard to run the World Bank: https://www.worldbank.org/en/about/people/a/ajay-banga

What a joke!

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Judge Likely to Reject $30 Billion Visa, Mastercard Fee Deal https://www.bloomberg.com/news/articles/2024-06-13/judge-likely-to-kill-30-billion-visa-mastercard-swipe-fee-deal

A $30 billion settlement between Visa Inc., Mastercard Inc. and retailers to cap credit-card swipe fees is likely to be rejected by a federal judge in Brooklyn, a setback in the two decade-long litigation.