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Less Government: Trump Is Deregulating – Fast. Congress Needs To Get Up To Speed - Electronic Payments Coalition

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Less Government: Trump Is Deregulating – Fast. Congress Needs To Get Up To Speed

January 31, 2017 | RedState

…And the Durbin Amendment is much more toxic than just topically: “‘(P)assed as part of the Dodd-Frank financial reform legislation in 2010, (it) required the Federal Reserve to limit fees charged to retailers for debit card processing.’ Oh excellent – price controls. Because they always work out SO well: ‘Complex price controls invite gaming of the system….’”

Gaming the system, you say? You bet.