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Op-Ed: Time to Repeal the Durbin Amendment - Electronic Payments Coalition
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Op-Ed: Time to Repeal the Durbin Amendment

| Real Clear Policy

What if I told you Congress was about to pass an amendment that could raise food prices, make it harder to find and maintain a free checking account, and enrich big box retailers who, despite an ongoing $8 billion annual windfall, are rapidly eliminating American jobs? I suspect most readers would be outraged, calling their representatives or lining up at town halls.

Well that’s what they should be doing. But since Congress already enacted this bad idea, repeal is what consumers should be asking for.

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