We need to step back and recognize the reality of the situation: Visa and MasterCard and their big bank allies want credit and debit cards to completely replace cash and checks.
Opening Statement of Senator Richard J. Durbin
If we do not take steps to reasonably regulate this system, a dollar will not be worth a dollar anymore.
The amendment proposed by Senator Durbin addresses certain direct costs for payment card acceptance.
And you are going to provide us with some examples of that, some evidence of that, please?
So what chance do the Qik-n-EZ convenience stores in central Illinois have if $8 billion does not get you to the table w...
The Senate paid attention to this outpouring of support when it passed Senator Durbin's Amendment to the financial refor...
And although the Treasury has held direct and indirect discussions with the card networks over the years in attempts to ...
I would say to him it works pretty well in Europe and it is not working very well here for our businesses and for our Fe...
I fully support the Durbin Amendment in the financial reform bill passed by the Senate because this is legislation that ...
if the Federal Government cannot negotiate against MasterCard and Visa and their member banks, how can I as the operator...