This week, big-box retailers and their lobbyists will be on Capitol Hill with an unenviable chore: to defend a policy that hurts consumers, harms small retailers and makes no economic sense.
Their goal is to protect the Durbin amendment, a bad policy passed through an even worse legislative process. More and more members of Congress now recognize that this change was a mistake that has resulted only in a massive windfall for large retailers.
More Updates
How the “Credit Card Competition Act” Would End 250-Million Co-Branded Card in the U.S.
Electronic Payments Coalition
Read
General
Video: Repeal the Durbin Amendment
Electronic Payments Coalition
Read
General, Video
NAFCU: Time to repeal the Durbin Amendment for a strong interchange system
NAFCU
Read
What Others Are Saying
IBA: Ricker’s owner got it wrong
Indiana Business Journal
Read
What Others Are Saying