OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Tweet - "In 2010, I introduced the Durbin Amendment to help protect small businesses and their customers from excessive debit card swipe fees. But now, as retailers & restaurants are seeing more & more transactions online, we are seeing the debit card giants try to circumvent this law."

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Date: July 28, 2020
Issues: Business and Consumers Finance and Banking

"In 2010, I introduced the Durbin Amendment to help protect small businesses and their customers from excessive debit card swipe fees. But now, as retailers & restaurants are seeing more & more transactions online, we are seeing the debit card giants try to circumvent this law."

"When the debit card industry games the system to avoid competition and pile on higher swipe fees, small businesses & consumers are harmed. I joined @PeterWelch to urge the @federalreserve to investigate reports that banks are bypassing Durbin Amendment protections & take action."

@SenatorDurbin


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