Electronic Payments Coalition

Tag: Durbin Amendment

Retailers Are Back, Begging for More

Retailers are once again making the rounds on Capitol Hill this week asking for another handout from Congress. Despite their annual $8 billion windfall—a direct result of the last-minute Durbin…
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Interchange Fee Warnings Coming True In EU

Capping interchange fees has been tried in some countries around the world.  Despite claims that these efforts were for the benefit of consumers, the real world results have shown the…
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Retailers Don’t Need Another Regulatory Handout

Sen. Dick Durbin, D-Ill., slipped into the monstrous 2010 Dodd-Frank financial regulation bill a favor long sought by big-box retailers, such as Wal-Mart. The Durbin amendment, as it is known,…
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Retailers Demand Price Controls from Congress

Christmas is the time for goodies and gifts but lobbyists for the retail industry’s are hoping Congress grants their wish list of crony capitalist giveaways that will cost consumers while increasing…
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