HillSignal

TICKER INTELLIGENCE

Mastercard Incorporated ($MA)

$509.64 4.4% (7d)

NYSE/NASDAQ: MA

Washington Intelligence

6

Active Bills

0

Gov't Contracts

50

Congressional Trades

Mastercard is a publicly traded company in the Consumer sector. As a financial institution, this company is subject to Congressional banking regulation, capital requirement changes, and consumer protection legislation that directly impact operating margins. HillSignal is tracking 6 active Congressional signals mentioning Mastercard, including 6 bills. The current legislative sentiment is predominantly bullish, suggesting potential tailwinds from government policy.

Congressional Trades in $MA

50 filings
Rohit Khanna
BUY $1,001 - $15,000 — Mastercard Inc

Rep. Khanna bought $1K-$15K in JPM on May 18, 2026 — 2 days before the Discount Window Preparedness Act (S4585) was introduced to mandate bank testing of Fed borrowing. The extremely tight timing and direct relevance to large banks raise a question.

2026-06-09
7 flags
Ro Khanna
BUY $15,001 - $50,000 — Mastercard Inc

System: No overlapping signals found

2026-05-13
1 flag
Michael McCaul
BUY $1,001 - $15,000 — Mastercard Inc
SELL $1,001 - $15,000 — Mastercard Inc
BUY $1,001 - $15,000 — Mastercard Inc
BUY $1,001 - $15,000 — Mastercard Inc

System: No overlapping signals found

2026-05-11
1 flag
Shelley Moore CapitoR-WV
BUY $1,001 - $15,000 — Mastercard Inc

Shelley Moore Capito bought $1,001 - $15,000 in Mastercard Inc (MA) on 2026-03-28, 24 days before the introduction of HR8395, the "PACE Act of 2026," which aims to regulate 'regist'.

2026-04-12
1 flag
Michael McCaul
BUY $1,001 - $15,000 — Mastercard Inc
BUY $15,001 - $50,000 — Mastercard Inc

System: No overlapping signals found

2026-04-10
1 flag
Sheldon Whitehouse
SELL $1,001 - $15,000 — Mastercard Inc

Sheldon Whitehouse sold $1,001 - $15,000 in VZ (Verizon Communications Inc) on 2026-02-23 — 7 days BEFORE HR7752 ("To amend section 2703 of title 18, United States Code, to require emergency disclosure of location information to law enforcement or public safety answering point."), which could negatively impact telecommunications companies.

2026-03-06
5 flags
Markwayne Mullin
BUY $50,001 - $100,000 — Mastercard Inc

System: No suspicious timing patterns detected

2026-01-16
1 flag
Gilbert CisnerosD-CA
BUY $1,001 - $15,000 — Mastercard Incorporated Common Stock

System: No suspicious timing patterns detected

2025-12-15
1 flag
Gilbert CisnerosD-CA
BUY $1,001 - $15,000 — Mastercard Incorporated Common Stock

System: No suspicious timing patterns detected

2025-11-18
1 flag
Michael McCaul
SELL $1,001 - $15,000 — Mastercard Inc

System: No suspicious timing patterns detected

2025-11-11
1 flag
Valerie HoyleD-OR
SELL $1,001 - $15,000 — Mastercard Incorporated Common Stock

System: No suspicious timing patterns detected

2025-10-10
1 flag
Valerie HoyleD-OR
BUY $1,001 - $15,000 — Mastercard Incorporated Common Stock

System: No suspicious timing patterns detected

2025-09-12
1 flag
Ro Khanna
BUY $1,000 - $15,000 — MA

System: No suspicious timing patterns detected

2025-09-12
1 flag
Lisa McClainR-MI
SELL $1,001 - $15,000 — Mastercard Incorporated Common Stock
BUY $1,001 - $15,000 — Mastercard Incorporated Common Stock

System: No suspicious timing patterns detected

2025-08-13
1 flag
Michael McCaul
SELL $15,001 - $50,000 — Mastercard Inc

System: No suspicious timing patterns detected

2025-07-09
1 flag
Tommy Tuberville
SELL $15,001 - $50,000 — Mastercard Inc

System: No suspicious timing patterns detected

2025-05-15
1 flag
Josh GottheimerD-NJ
SELL $1,001 - $15,000 — Mastercard Incorporated Common Stock

System: No suspicious timing patterns detected

2025-05-14
1 flag
Bruce Westerman
SELL $1,001 - $15,000 — Mastercard Inc

System: No suspicious timing patterns detected

2025-05-13
1 flag
Jefferson Shreve
SELL $15,001 - $50,000 — Mastercard Inc

System: No suspicious timing patterns detected

2025-05-09
1 flag
Rob Bresnahan
SELL $1,001 - $15,000 — Mastercard Inc

System: No suspicious timing patterns detected

2025-04-29
1 flag
Rob BresnahanR-PA
SELL $1,001 - $15,000 — Mastercard Incorporated Common Stock (MA)

Rob Bresnahan sold $1,001 - $15,000 in FDX on 2025-04-08 — 1 day before the "Protecting Employees and Retirees in Business Bankruptcies Act of 2025" (S1381) was introduced, a bill aiming to increase corporate liability in bankruptcies.

2025-04-28
4 flags
Bruce Westerman
BUY $1,001 - $15,000 — Mastercard Inc

System: No suspicious timing patterns detected

2025-04-17
1 flag
Josh Gottheimer
SELL $1,001 - $15,000 — Mastercard Inc

System: No suspicious timing patterns detected

2025-04-11
1 flag
Josh GottheimerD-NJ
SELL $1,001 - $15,000 — Mastercard Incorporated Common Stock (MA)

Rep. Gottheimer sold $1,001 - $15,000 in DHI on 2025-03-19 — 8 days before the 'Revitalizing Downtowns and Main Streets Act' (HR2410) was introduced, a bill proposing an investment tax credit for converting non-residential buildings.

2025-04-10
5 flags
John Boozman
BUY $1,001 - $15,000 — Mastercard Inc

System: No suspicious timing patterns detected

2025-03-06
1 flag
Josh Gottheimer
BUY $1,001 - $15,000 — Mastercard Inc
BUY $1,001 - $15,000 — Mastercard Inc
SELL $1,001 - $15,000 — Mastercard Inc

System: No suspicious timing patterns detected

2025-02-11
1 flag
Josh GottheimerD-NJ
BUY $1,001 - $15,000 — Mastercard Incorporated Common Stock (MA)
BUY $1,001 - $15,000 — Mastercard Incorporated Common Stock (MA)
SELL $1,001 - $15,000 — Mastercard Incorporated Common Stock (MA)

Rep. Gottheimer made two purchases of Mastercard (MA) totaling $2,002-$30,000 on Jan 30-31, 2025 — 5-6 days before the Fair Access to Banking Act (HR987) was introduced, a bill directly regulating bank and payment network standards.

2025-02-10
5 flags
John Boozman
BUY $1,001 - $15,000 — Mastercard Incorporated Common Stock

System: No suspicious timing patterns detected

2025-02-08
1 flag
Michael McCaul
SELL $15,001 - $50,000 — Mastercard Inc

System: No suspicious timing patterns detected

2024-12-18
1 flag
Ro Khanna
BUY $1,001 - $15,000 — Mastercard Inc

System: No suspicious timing patterns detected

2024-11-11
1 flag
Sheldon Whitehouse
SELL $1,001 - $15,000 — Mastercard Inc

System: No suspicious timing patterns detected

2024-11-07
1 flag
Ro Khanna
SELL $1,001 - $15,000 — Mastercard Inc

System: No suspicious timing patterns detected

2024-10-08
1 flag
Josh GottheimerD-NJ
BUY $1,001 - $15,000 — Mastercard Incorporated Common Stock (MA)

Rep. Gottheimer sold $1K-$15K in MSFT on Sept 12, 2024 — 17 days after Deloitte secured a $66.8M VA cybersecurity contract. While the contract went to a private firm, Microsoft is a major government IT contractor and the sale occurred shortly after a large federal cybersecurity award.

2024-10-03
1 flag
Michael McCaul
SELL $1,001 - $15,000 — Mastercard Inc

System: No suspicious timing patterns detected

2024-09-18
1 flag
Jared MoskowitzD-FL
BUY $1,001 - $15,000 — Mastercard Incorporated Common Stock (MA) [ST]

Rep. Moskowitz bought $1K-$15K in MSFT on Sep 1, 2023 — 335 days before a $150M SSA contract to Four Points Technology for AWS Connect services, which aligns with Microsoft's cloud ecosystem.

2024-08-21
3 flags
Kathy ManningD-NC
BUY $1,001 - $15,000 — Mastercard Incorporated Common Stock

System: No suspicious timing patterns detected

2024-08-16
1 flag
Josh GottheimerD-NJ
BUY $1,001 - $15,000 — Mastercard Incorporated Common Stock
BUY $1,001 - $15,000 — Mastercard Incorporated Common Stock
SELL $1,001 - $15,000 — Mastercard Incorporated Common Stock

System: No suspicious timing patterns detected

2024-08-15
1 flag
Jared MoskowitzD-FL
SELL $1,001 - $15,000 — Mastercard Incorporated Common Stock
SELL $1,001 - $15,000 — Mastercard Incorporated Common Stock

System: No suspicious timing patterns detected

2024-08-06
1 flag
Tommy Tuberville
SELL $1,001 - $15,000 — Mastercard Incorporated Common Stock

System: No suspicious timing patterns detected

2024-06-14
1 flag
Ro Khanna
BUY $1,001 - $15,000 — Mastercard Inc

System: No suspicious timing patterns detected

2024-04-05
1 flag
Ro Khanna
BUY $1,001 - $15,000 — Mastercard Inc
BUY $15,001 - $50,000 — Mastercard Inc

System: No suspicious timing patterns detected

2024-03-06
1 flag
Kathy ManningD-NC
BUY $1,001 - $15,000 — Mastercard Inc
BUY $15,001 - $50,000 — Mastercard Incorporated

System: No suspicious timing patterns detected

2024-02-06
1 flag
Ro Khanna
SELL $100,001 - $250,000 — Mastercard Inc
SELL $15,001 - $50,000 — Mastercard Inc

System: No suspicious timing patterns detected

2024-02-05
1 flag
Josh GottheimerD-NJ
SELL $1,001 - $15,000 — Mastercard Inc

System: No suspicious timing patterns detected

2024-01-07
1 flag
John CurtisR-UT
SELL $1,001 - $15,000 — Mastercard Inc

System: No suspicious timing patterns detected

2023-12-15
1 flag
Michael McCaul
SELL $15,001 - $50,000 — Mastercard Inc
SELL $50,001 - $100,000 — Mastercard Inc

System: No suspicious timing patterns detected

2023-11-17
1 flag
Greg StantonD-AZ
SELL $1,001 - $15,000 — Mastercard Inc
BUY $1,001 - $15,000 — Mastercard Inc

System: No suspicious timing patterns detected

2023-11-09
1 flag
Ro Khanna
SELL $1,001 - $15,000 — Mastercard Inc

System: No suspicious timing patterns detected

2023-11-08
1 flag
Markwayne Mullin
BUY $1,001 - $15,000 — Mastercard Inc

System: No suspicious timing patterns detected

2023-11-01
1 flag
Josh GottheimerD-NJ
BUY $1,001 - $15,000 — Mastercard Inc
BUY $1,001 - $15,000 — Mastercard Inc

System: No suspicious timing patterns detected

2023-10-15
1 flag

Congressional Legislation Affecting Mastercard Incorporated ($MA)

The BOOST Act of 2025 is an early-stage bill referred to the House Ways and Means Committee with no specified funding amount. It proposes universal payments to adults aged 19-67, which would boost consumer spending at retailers like Walmart, Target, and Amazon, and increase transaction volumes for payment processors Visa, Mastercard, and PayPal. Given its procedural stage, market impact is negligible until committee action or co-sponsor momentum builds.

Higher consumer spend drives incremental payment transaction volumes and fees for network processors.

HR6236

HR3390 is a procedural bill requiring a Federal Reserve review of discount window operations. It authorizes no funding, mandates no contracts, and has zero material linkage to any publicly traded company's revenue or costs. No actionable market impact exists for retail investors.

HR3390

HR 3682 (Financial Stability Oversight Council Improvement Act) passed the House 2026-02-09 and now has an identical Senate companion bill (S3578). The bill requires FSOC to exhaust alternative actions before designating nonbank financial firms as systemically important, reducing regulatory risk for large nonbank financial companies. This is structurally bullish for Berkshire Hathaway, Blackstone, PayPal, Visa, and Mastercard by lowering odds of future Fed supervision and associated capital requirements.

FSOC must first determine that alternative actions are impracticable or insufficient before voting to designate a nonbank financial company for Federal Reserve supervision

HR3682

The Protecting Privacy in Purchases Act (S.1715) is an early-stage bill that prohibits payment networks from requiring a firearm-specific merchant category code. It authorizes zero funding and imposes no operational costs or revenue impact on Visa or Mastercard. Real market data shows no price reaction tied to this legislation, with both stocks trading near recent levels.

Mastercard may not mandate a distinct MCC for firearms retailers. Retailers remain eligible for general merchandise or sporting goods codes, preventing category-level data sale or fee differentiation based on firearms specialization.

S1715

HR7484 (Community Bank Relief Act) is an early-stage procedural bill that indexes payment card transaction fee thresholds to inflation. It formalizes existing economic adjustments without altering current fee structures, regulatory obligations, or revenue for any payment processor. Market data shows mixed performance across the payment sector unrelated to this legislation. No immediate market impact.

HR7484

HUSTLE Act

NEUTRAL

The HUSTLE Act (S.3378) is an early-stage bill introduced in December 2025 proposing tax-exempt NIL investment accounts for student-athletes. It has been referred to the Senate Committee on Finance and has not advanced. The bill has no funding authorization and minimal near-term market impact. Financial services stocks like $SCHW and $PYPL show mixed performance over the past 7 days, with no correlation to this legislation.

S3378

Understanding These Signals

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