Durbin-Marshall Credit Card Mandates - Electronic Payments Coalition

WSJ: Durbin-Marshall “Credit-Card Plan Would Backfire on Consumers”

Electronic Payments Coalition November 21, 2024 No Comments

The Wall Street Journal Editorial Board recently published a scathing op-ed criticizing the Durbin-Marshall Credit Card Bill and Senator Dick Durbin’s effort to push the harmful legislation through a lame-duck…

Setting the Record Straight on Senate Judiciary’s Bias, Flawed Credit Card Hearing

Electronic Payments Coalition November 19, 2024 No Comments

WASHINGTON, DC — The Senate Judiciary Committee just wrapped up a hearing with a litany of erroneous claims and outright misconceptions spread by supporters of the Durbin-Marshall Credit Card Bill. “This…

Associations Representing Banks and Credit Unions of All Sizes Call on Congress to Reject New Credit Card Mandates

Electronic Payments Coalition November 18, 2024 No Comments

WASHINGTON — Any legislative initiatives to expand the power of the federal government to intervene in the U.S. credit card market would harm small businesses and consumers across the country,…

Credit, Debit Card Transactions Drive $93+ Trillion in Economic Activity Since 2006

Electronic Payments Coalition November 18, 2024 No Comments

Accepting cards saved businesses at least $2.35 Trillion compared to equivalent cash payments OCC: “Credit and debit card transactions help to propel the Nation’s economy” WASHINGTON, DC – Sales through…

Credit Card Hearing Latest Stop on Durbin-Marshall Retribution Tour

Electronic Payments Coalition November 12, 2024 No Comments

WASHINGTON, DC – Electronic Payments Coalition Executive Chairman Richard Hunt issued the following statement after Senate Judiciary Chairman Dick Durbin again politicized his committee to hold a retaliatory hearing, aiming to…

Study Shows New Illinois Law Will Line the Pockets of the Largest Mega-Stores, Bear Costs on Small Businesses

Electronic Payments Coalition October 28, 2024 No Comments

A new study analyzing the cost implications of an Illinois credit card law shows corporate mega-stores will be the largest beneficiaries of the law, which carves tax and tip out…

EPC Statement on Durbin Legal Brief

Electronic Payments Coalition October 4, 2024 No Comments

Date: October 4, 2024Media Contact:Nick SimpsonNick@electronicpaymentscoalition.org WASHINGTON – Electronic Payments Coalition Executive Chairman Richard Hunt issued the following statement after Senator Dick Durbin (D-Ill.) filed an amicus brief supporting a new,…

What People Are Saying About Illinois’ Credit Card Chaos: OCC Edition

Electronic Payments Coalition October 3, 2024 No Comments

WASHINGTON, DC— An amicus brief filed yesterday by the Office of the Comptroller of Currency (OCC) highlights the glaring flaws in a new credit and debit card law set to…

Durbin Airline Bill Latest Attempt to Weaponize Federal Government

Electronic Payments Coalition September 26, 2024 No Comments

WASHINGTON, DC— Electronic Payments Coalition (EPC) Executive Chairman Richard Hunt issued the following statement on Senator Dick Durbin’s latest legislation targeting American companies and workers who have spoken out against…

EPC Response to Latest Government Crusade on Payment Networks

Electronic Payments Coalition September 24, 2024 No Comments

Date: September 24, 2024Media Contact:Nick SimpsonNick@electronicpaymentscoalition.org WASHINGTON, DC— Today, EPC Executive Chairman, Richard Hunt, released the following statement in response to the U.S. Department of Justice issuing an antitrust suit against…

Tag: Durbin-Marshall Credit Card Mandates

WSJ: Durbin-Marshall “Credit-Card Plan Would Backfire on Consumers”

Setting the Record Straight on Senate Judiciary’s Bias, Flawed Credit Card Hearing

Associations Representing Banks and Credit Unions of All Sizes Call on Congress to Reject New Credit Card Mandates

Credit, Debit Card Transactions Drive $93+ Trillion in Economic Activity Since 2006

Credit Card Hearing Latest Stop on Durbin-Marshall Retribution Tour

Study Shows New Illinois Law Will Line the Pockets of the Largest Mega-Stores, Bear Costs on Small Businesses

EPC Statement on Durbin Legal Brief

What People Are Saying About Illinois’ Credit Card Chaos: OCC Edition

Durbin Airline Bill Latest Attempt to Weaponize Federal Government

EPC Response to Latest Government Crusade on Payment Networks

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