Let's Keep Sen. Durbin & His Amendment Out of Credit Cards

Let's Keep Sen. Durbin & His Amendment Out of Credit Cards
(AP Photo/Steve Helber, file)

In 2010, a Democrat-controlled Congress, as part of the sweeping Dodd-Frank legislation, implemented price controls and routing regulations on debit card transactions. More than a decade later, big-box retailers and merchants have become increasingly vocal in seeking to extend these same requirements and restrictions to credit cards, lobbying lawmakers under the guise that the changes are “pro-consumer.”

 

Read Full Article »


Comment
Show comments Hide Comments


Related Articles

Market Overview
Search Stock Quotes