Richard Durbin actually said...

"The interchange fee is negotiated with----"

"I think your amendment goes after the important problem that debit cards are being treated as if they are credit cards."

"The Durbin Amendment requires the credit card companies to be competitive and allows us to deliver an option to our customers."

"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 Federal Government."