Durbin Amendment: A Weak Excuse for New Bank Fees #swipefees


“Merchants are counting their new found gains at our expense and our elected officials still don’t comprehend the damaging impact of their misguided legislation,” wrote Patrick J. Swanick, a retired KeyBank vice chairman and former president of Key’s retail bank and CEO of Key Electronic Services, on October 10 in the American Banker.

via Durbin Amendment: A Weak Excuse for New Bank Fees.

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