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Sen. Richard J. Durbin

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  • WebMemo posted March 17, 2011 by David C. John The Durbin Debit Card Interchange Fee Cap Hurts Consumers

    An obscure, technical provision in the massive Dodd–Frank financial regulation bill will make it harder for consumers to use debit cards, hurt banks and credit unions, and increase fees that banks change consumers for other bank services. Inserted in the bill at the insistence of Senator Richard Durbin (D–IL), the provision was supposed to help consumers, but it is so…

Find more work on Sen. Richard J. Durbin
  • WebMemo posted March 17, 2011 by David C. John The Durbin Debit Card Interchange Fee Cap Hurts Consumers

    An obscure, technical provision in the massive Dodd–Frank financial regulation bill will make it harder for consumers to use debit cards, hurt banks and credit unions, and increase fees that banks change consumers for other bank services. Inserted in the bill at the insistence of Senator Richard Durbin (D–IL), the provision was supposed to help consumers, but it is so…

Find more work on Sen. Richard J. Durbin
Find more work on Sen. Richard J. Durbin