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Durbin’s Swipe at Credit Cards Will Mean Black Eye for Consumers

| National Taxpayers Union

Congress is not exactly known for passing laws that hit their targets squarely. All too often, innocent spectators to policymaking – usually consumers or taxpayers – end up with an unexpected roundhouse to the jaw. That unfortunate situation aptly describes the “Durbin Amendment” enacted nearly 12 years ago in the Dodd-Frank law. 

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