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Richmond Fed Provides More Evidence that Durbin Is Failing Those It Intended to Help
| Electronic Payments Coalition
A study by the Federal Reserve Bank of Richmond found that the Durbin Amendment is not working as Congress intended and has led to several unintended consequences. This resource provides further information on how the Amendment has failed consumers.
More Resources
EPC Applauds Zywicki Testimony Assessing Negative Impact of the Durbin Amendment on Consumers
Electronic Payments Coalition
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Press Releases/Statements
EPC’s EGRPRA Comments Regarding the Durbin Amendment
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Letters
Philadelphia Fed Analysis of the Effect of Interchange Fee Restrictions on Small Banks Is Incomplete
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Studies/Reports