Durbin Amendment won’t work as intended | The Daily Caller #SwipeFees


In order to provide merchants a modicum of relief following the Great Recession, Congress passed the Durbin Amendment — legislation that confers upon the Federal Reserve the power to regulate debit card interchange fees and allows merchants to offer discounts to consumers who pay in cash.

via Durbin Amendment won’t work as intended | The Daily Caller – Breaking News, Opinion, Research, and Entertainment.

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