How does the law’s transfer of around $8 billion a year from banks and consumers to wealthy retailers – through Senate Majority Whip Dick Durbin’s amendment putting price controls on the interchange fees merchants pay to process debit cards – contribute to preventing the next financial crisis?
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How the “Credit Card Competition Act” Would End 250-Million Co-Branded Card in the U.S.
Electronic Payments Coalition
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A Year In, Durbin Impact Feud Endures
Credit Union Times
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Who Really Wins When Government Controls Prices?
American Banker
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Op-Ed
Durbin industry debate rages on after one year anniversary of Tester defeat
BankCreditNews.com
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