An amendment sponsored by Senator Dick Durbin to tackle "swipe fees" passed last Thursday in a 64-33 vote. This amendment focuses on how much Interchange fees issuing banks...
A Case For Regulating Debit Card Fees
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This is an interesting article from WalletPop, a consumer finance website. Click here to read. It talks about the broader economic impacts of interchange fees. While we don't think that reducing interchange will increase jobs as the article asserts, we do agree that...