NTU’s Executive Vice President, Brandon Arnold, responded to the repeal of the Durbin amendment:
National Taxpayers Union is extremely disappointed by the decision to remove language from the Financial CHOICE Act that would have repealed price controls on debit card swipe fees. While its supporters claim that the Durbin Amendment is a pro-consumer measure, it has instead been little more than a government-imposed windfall for the retail industry.
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
EPC Continues to Fight for Repeal of Price Controls
Electronic Payments Coalition
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Press Releases / Statements
The Time to Repeal Durbin is Now: New Survey Underscores Policy’s Failures
Electronic Payments Coalition
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Press Releases / Statements
Democracy Institute: Dick Durbin’s ‘Reverse Robin Hood’ Economics
Morning Consult
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What Others Are Saying