Melissa Kress/CSNews.com
Mar 25, 2011
Durbin Voices Opposition to Delay Tactics
By Melissa Kress
WASHINGTON — April 21 is the day the Federal Reserve is slated to release rules setting debit card swipe fees. But some lawmakers are not taking a wait-and-see-approach before trying to fight back.
…His position on the issue is supported by many consumer advocates and retailers. “We supported this when it was enacted and we continue to support it,” explained Lisa Donner, executive director of Americans for Financial Reform. “Working families bear the cost of these fees.”