This October marks the 14th anniversary of the implementation of the notorious Durbin Amendment, which mandated price controls on debit cards. Senator Dick Durbin—swayed by the interests of corporate mega-stores and the broader retail lobby—sneakily orchestrated the attachment of the Durbin Amendment to a bill at the eleventh hour without debate.
A new EPC one-pager, copied below, highlights the harm that government payment mandates would cause to American households and small businesses.
