Americans love using their credit cards, the most secure and hassle-free way to pay.

But DC politicians want to change that with the Durban Marshall Credit Card Bill.

This bill lets corporate megastores pick how your credit card is processed,

allowing them to use untested payment networks that jeopardize your data security and rewards.

Corporate megastores will make more money and you pay the price.

Tell Congress to guard your card because Americans lose when politicians choose. Learn more at

guard your card.com. Here's your closing bell brief for Wednesday, July 16th. I'm Charlotte Gartenberg for the Wall Street Journal.

U.S. stock indexes rose today after President Trump denied he would try to fire Federal Reserve Chair Jerome Powell.

The Dow Jones Industrial Average was up 231 points to close at 44,255. The S&P rose 20 points and the NASDAQ climbed 53 points.

Major indexes tumbled as much as 0.8% late in the morning after Trump indicated to Republican

lawmakers that he is likely to attempt to remove Powell from his job soon. And then they

recovered roughly to where they started the session

after the president said around noon

that he wasn't planning to fire the Fed chief.

Among individual companies, Johnson & Johnson posted better than expected results

and boosted its annual outlook, shares rose 6%.

Banks Goldman Sachs, Bank of America, and Morgan Stanley reported

stronger than forecast profits as tariff-related market turbulence boosted trading. Shares of Goldman

rose slightly and closed the day up 0.9%. Morgan Stanley stock fell 1.3%, and Bank of America shares

dropped 0.3%.

Moving to car companies, Ford is recalling nearly 700,000 vehicles because of a risk fuel leaks could cause a fire.

shares fell almost 3%.

...