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Tag: Durbin Amendment

NGA disappointed on House Financial Services Committee bill that repeals debit card swipe fee reform

ARLINGTON, VA, 2016-Sep-14 — /EPR Retail News/ — The National Grocers Association (NGA) today (Sep 13, 2016) issued the following statement in response to a House Financial Services Committee markup of the Financial CHOICE Act of 2016 (H.R. 5983), a bill that repeals debit card swipe fee reform, also known as the Durbin Amendment that was…

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RILA: Repealing debit swipe fee reforms would once again allow the largest banks and card networks to impose outrageous fees on merchants

Arlington , VA, 2016-Sep-09 — /EPR Retail News/ — The Retail Industry Leaders Association (RILA) is urging members of the U.S. House of Representatives Financial Services Committee to vote no when the CHOICE Act comes up for a vote next week. The bill repeals reforms passed more than six years ago that brought fairness and competition…

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