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Table Of Content:
- Congress Should Repeal The Durbin Amendment, Not Expand It To ...
- Moore: Progressives up in arms over credit card reward programs
- Extending The Durbin Amendment To The Credit-Card Market Will ...
- The Durbin amendment is a disaster for banks — don't expand it to ...
- A New Durbin Amendment Would Spell Trouble for U.S. Credit Card ...
- Senate Democrats take aim at credit card fees amid inflation - Roll Call
- ATR Strongly Opposes Durbin Amendment Expansion to Credit Cards
- Credit card rewards are in political peril - Apalachicola The Times
- Durbin Highlights His Efforts to Bring Fairness, Transparency, and ...
- Sen. Durbin Looking to Address Credit Card Interchange Fees ...
1. Congress Should Repeal The Durbin Amendment, Not Expand It To ...
https://www.forbes.com/sites/norbertmichel/2022/05/17/congress-should-repeal-the-durbin-amendment-not-expand-it-to-credit-cards/
May 17, 2022 ... In 1986, when Sears launched the Discover credit card to compete with Visa and MasterCard, it had no annual fee, offered cash back rewards, and ...
2. Moore: Progressives up in arms over credit card reward programs
https://www.bostonherald.com/2021/12/12/moore-progressives-up-in-arms-over-credit-card-reward-programs/
Dec 12, 2021 ... Don't be surprised if congressional members who hate credit card companies, including Sen. Dick Durbin of Illinois, call for regulations or ...
3. Extending The Durbin Amendment To The Credit-Card Market Will ...
https://www.forbes.com/sites/norbertmichel/2021/07/12/extending-the-durbin-amendment-to-the-credit-card-market-will-harm-consumers/
Jul 12, 2021 ... In 2010, the Durbin Amendment required the Federal Reserve Board of Governors to cap the debit card interchange fees that large banks charge. It ...
4. The Durbin amendment is a disaster for banks — don't expand it to ...
https://thehill.com/opinion/healthcare/567142-the-durbin-amendment-is-a-disaster-for-banks-dont-expand-it-to-credit/
Aug 10, 2021 ... The Durbin amendment, as it is known, artificially capped fees that certain banks and credit unions receive with debit card transactions. These ...
5. A New Durbin Amendment Would Spell Trouble for U.S. Credit Card ...
https://floridataxwatch.org/Research/Full-Library/ArtMID/34407/ArticleID/19101/A-New-Durbin-Amendment-Would-Spell-Trouble-for-US-Credit-Card-Customers
Nov 4, 2021 ... The lost revenue led to reduced access to free banking accounts and increases in fees, as well as a reduction in debit card rewards programs and ...
6. Senate Democrats take aim at credit card fees amid inflation - Roll Call
https://www.rollcall.com/2022/05/04/senate-democrats-take-aim-at-credit-card-fees-amid-inflation/
May 4, 2022 ... Those are small items compared to rewards.” Debit fee template. A provision, written by Durbin, in the 2010 financial overhaul law that limited ...
7. ATR Strongly Opposes Durbin Amendment Expansion to Credit Cards
https://www.atr.org/atr-strongly-opposes-durbin-amendment-expansion-to-credit-cards/
Mar 3, 2022 ... For example, 82% of households earning less than $20,000 own a rewards card. The loss of credit cards rewards if the Durbin amendment is ...
8. Credit card rewards are in political peril - Apalachicola The Times
https://www.franklincounty.news/stories/credit-card-rewards-are-in-political-peril,4320
Jul 9, 2021 ... And just as debit regulations hurt consumers, imposing Durbin-style price and routing controls on credit cards will result in rewards ...
9. Durbin Highlights His Efforts to Bring Fairness, Transparency, and ...
https://www.durbin.senate.gov/newsroom/press-releases/durbin-highlights-his-efforts-to-bring-fairness-transparency-and-competition-to-credit-and-debit-card-swipe-fees
Mar 11, 2021 ... “These fees, swipe fees, were being charged by Visa, Mastercard, and the other credit card companies to all of the merchants and retailers who ...
10. Sen. Durbin Looking to Address Credit Card Interchange Fees ...
https://www.jdsupra.com/legalnews/sen-durbin-looking-to-address-credit-7921656/
Jun 1, 2022 ... Visa and Mastercard say they need to increase their interchange fees (often called swipe fees) due to increased costs from consumer rewards, ...
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