“Retailers will reap billions of dollars in extra profits thanks to the lower transaction fees on debit cards. But don’t expect food or clothing prices to drop anytime soon.”
More Updates
Congressional effort to cut debit card charges to retailers merely shifted them onto consumers
New York Daily News
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Op-Ed
Fees, tight credit a direct response to Fed policy on banking industry
Chicago Sun Times
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Op-Ed
‘Durbin fee’ will cost bank customers billions
Washington Examiner
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