February 16, 2011 EPC Ad – Stop the Debit Card Rule Learn more about the anti-consumer debit card rule. More
February 14, 2011 Survey: Fed Debit Card Rule Will Harm Community Bank Customers People who use debit cards issued by community banks will face higher costs and increased restrictions if the Dubin amendment takes effect, according to a this survey of members of the Independent Community Bankers of America (ICBA). More
February 7, 2011 Letter from Representative Merchant to Federal Reserve This letter to Mr. Bernanke warns that debit regulation will make checking accounts more costly harming both small institutions and consumers. More
January 26, 2011 Nevada Federal Credit Union Letter to Mr. Bernanke The NFCU argues that the government should have no role in setting pricing for any free-market endeavor. Any activity in this direction creates an unnecessary constraint that inhibits growth, competition, and further investment critical to maintaining a healthy economy. The proposed rule mandates a transfer of revenue from the banking sector to the merchant sector, with no consideration being given to the impact on the consumer. More
January 22, 2011 Letter from City and County Credit Union to Mr. Bernanke a letter to Mr. Bernanke from the City and County Credit Union warning of potential small business harm from debit regulation. More
January 13, 2011 Letter to Federal Reserve Board from Freedom First Federal Credit Union A Letter from Paul Phillips warning of debit regulation’s potential consumer harm. More
January 7, 2011 NAFCU Letter to Mr. Bernanke National Association of Federal Credit Unions warns of the potential harm to small financial institutions caused by debit regulation. More
January 1, 2011 Americans for Prosperity Letter to Reps. Bachus and Frank Americans for Prosperity argues that the Durbin amendment is a price control which will bring severe consequences. More
January 1, 2011 Osage Federal Bank Letter to the Federal Reserve Osage Federal Bank argues that the regulation carve out for smaller institutions will be worthless. Merchants will accept the large bank fees, and the smaller ones will have to match to compete. Small banks will be forced to raise fees to offset, and the marginal customers will pay. More
January 1, 2011 EPC Collection of Statements by Regulators Against Durbin Federal Reserve Chairman Ben Bernanke, acting Comptroller of the Currency John Walsh, FDIC Chairman Sheila Bair, the National Credit Union Association, the Conference of State Bank Supervisors and the National Association of State Credit Union Supervisors all acknowledge that the Fed’s debit card interchange rule could harm consumers and small financial institutions, and should be examined more carefully. More
February 4, 2025 EPC Statement – Government Credit Card Mandates Hurt Most Vulnerable Populations EPC Read Press Releases / Statements
January 28, 2025 The Facts & Consequences Supporters of Durbin-Marshall Don’t Want You To Know EPC Read Press Releases / Statements