Senator Durbin blasts card firms, banks on debit fees | Reuters


It’s one of the most active lobbying efforts I’ve ever seen,” said Durbin, of Illinois, on the Senate floor.

“Visa and MasterCard don’t dare raise their heads on Capitol Hill” because they are so politically unpopular, which prevents them lobbying directly, he said.

via Senator Durbin blasts card firms, banks on debit fees | Reuters.

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