Tag: The Financial CHOICE Act

Hensarling Offers Long Overdue Reforms to Dodd-Frank

Electronic Payments Coalition June 20, 2016 No Comments

For years Washington has operated under the delusion that government mismanagement played no part in the financial crisis. Convinced that “greedy” Wall Street banks were entirely to blame, the then-Democratic…

Jeb Hensarling: How We Can Hold Wall Street Accountable

Electronic Payments Coalition June 20, 2016 No Comments

Nearly seven years after the Great Recession ended, the economy still isn’t working for millions of working Americans. Their paychecks remain stagnant; their savings have declined. They cannot get ahead…

Durbin Amendment is a Failure for Customers: Repeal the Merchant Markup

Electronic Payments Coalition June 16, 2016 No Comments

For more than four years price-fixed interchange fees have enabled retailers to enjoy an extra $36 billion in revenue under the Durbin Amendment—at the expense of customers. Despite assurances that…

Repealing Harmful Durbin Amendment Price Controls is Meaningful Reform

Electronic Payments Coalition June 7, 2016 No Comments

WASHINGTON, D.C.—The Electronic Payments Coalition (EPC) applauded Congressman Jeb Hensarling, chairman of the House Financial Services Committee, for including the repeal of the Durbin Amendment’s harmful federal price controls as…

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