NRF calls on the House Financial Services Committee to reject efforts to repeal debit card swipe fee reform

WASHINGTON, 2017-May-03 — /EPR Retail News/ — The National Retail Federation today (May 2, 2017) called on the House Financial Services Committee to reject efforts to repeal debit card swipe fee reform as it considers approval of the Financial Choice Act. “Debit card swipe fee reform has brought competition and transparency to the debit card […]

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Retailers Urge Congress To Help Save Consumers Billions With Swipe Fee Reform

WASHINGTON, 2017-Apr-29 — /EPR Retail News/ — The National Retail Federation and retailers from across the country went to Capitol Hill today (April 26, 2017) as Congress held a hearing on legislation that would repeal debit card swipe fee reform, telling lawmakers that reform has saved merchants and consumers more than $40 billion and should be […]

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Food Marketing Institute strongly opposes House Financial Services Committee provision on ‘No-Choice’ act

ARLINGTON, VA, 2016-Sep-15 — /EPR Retail News/ — Food Marketing Institute (FMI) strongly opposes the provision in House Financial Services Committee Chairman Jeb Hensarling’s (R-TX) so-called “CHOICE” Act (H.R. 5983), which eliminates choice for Main Street businesses and repeals debit card reforms that have fostered  competition in the marketplace for the past five years. In 2010, […]

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RILA objects House Committee vote on Financial CHOICE Act

Arlington , VA, 2016-Sep-14 — /EPR Retail News/ — In a letter sent to House Financial Services Committee Chairman Jeb Hensarling and Ranking Member Maxine Waters, the Retail Industry Leaders Association (RILA) outlined retailers’ objections to H.R. 5983, the Financial CHOICE Act, and urged the Committee to vote against the legislation this week. The CHOICE Act, specifically […]

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NRF urges Congress to reject bill that would both undermine competition and repeal on debit card swipe fees

WASHINGTON, 2016-Sep-14 — /EPR Retail News/ — The National Retail Federation today (September 13, 2016) asked Congress to reject legislation that would both undermine competition and repeal the Federal Reserve’s cap on debit card swipe fees. The proposed bill would unleash new, higher, hidden swipe fees that could more than double without competitive routing options and […]

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NACS releases statement regarding Hensarling’s intention to mark up the Financial Choice Act

Alexandria, VA, 2016-Sep-10 — /EPR Retail News/ — Lyle Beckwith, senior vice president of government relations of the National Association of Convenience Stores (NACS), today (9/9/2016) released the following statement regarding House Financial Services Committee Chairman Jeb Hensarling’s announced intention to mark up the Financial Choice Act, which includes a provision to repeal debit swipe fee […]

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Independent grocers urges Members of Congress to protect debit card swipe fee reform

ARLINGTON, VA, 2016-Sep-07 — /EPR Retail News/ — Today (Sep 6, 2016), more than 400 merchants from across the country sent a letter to Members of Congress urging them to protect debit card swipe fee reform, also known as the Durbin Amendment that was included in the Dodd-Frank Wall Street Reform and Consumer Protection Act of […]

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