Restaurant Group Sets Swipe Fee, Immigration, Trade Agenda
Washington – November 04, 2026 -- The National Restaurant Association has named immigration reform, the Credit Card Competition Act and stable food and beverage trade policy as its three priorities for the 120th Congress, after 42% of restaurant operators failed to turn a profit in 2025.
Operators absorb costs as customer traffic softens
Restaurants employ 15.7 million people across nearly 1 million locations, making them the second-largest private employer in the nation. They drove more than 5% of GDP in 2025, according to the Association. Customer traffic has weakened as guests scrutinize spending, and operators have often absorbed higher costs rather than pass them on.
Association CEO Michelle Korsmo said operators face "increasing costs and decreasing margins."
Swipe fees rank as the third-highest operator cost
The agenda has three planks: