After the repeal and replacement of Obamacare, the next big task facing Congress will be reform of the equally awful Dodd-Frank Act. House Financial Services Committee chairman Jeb Hensarling announced the vehicle for that task last year – the Financial CHOICE Act. Since it was announced, it has included repeal of the Durbin Amendment to Dodd-Frank, but there is now heavy lobbying to drop that provision. The special interests behind the lobbying are wrong. Repeal of the Durbin Amendment is vital for consumers.
More Updates
How the “Credit Card Competition Act” Would End 250-Million Co-Branded Card in the U.S.
Electronic Payments Coalition
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General
NBCC: After 6 Years, Consequences Of The Durbin Amendment Are Evident
Forbes
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What Others Are Saying
Voters Agree: Get Government Out of Interchange, Repeal the Durbin Amendment
Electronic Payments Coalition
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Press Releases / Statements
Bruce Fein: Political math is not economic math
The Washington Times
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What Others Are Saying