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In Case You Missed It… Conservative Coalition Calls on Congress to Oppose Durbin-Marshall Credit Card Bill
| Americans for Tax Reform
Rate caps & routing mandates “would reduce consumer credit access, fail to address affordability concerns, and fragment an already dependable, well-functioning payments system.”
WASHINGTON, DC — A coalition of more than two dozen conservative organizations released a letter today urging members of Congress to oppose government price controls on credit cards, including efforts to impose caps on interest rates or the Durbin-Marshall Credit Card Mandates. Taken on their own, these are flawed government price controls. Together, they are catastrophic for our economy, small businesses and families’ prosperity.
A link to the letter can be found here. The content of the letter is below:
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