Richard Durbin actually said...

All consumers pay more at the store and more at the pump because of unfair, nonnegotiable, nontransparent merchant interchange fees imposed ...

I think your amendment is a very thoughtfully crafted amendment and will do a great deal to move this process forward.

I thank you for and wholly support the amendment that you made to the financial reform bill that was passed by the Senate last month.

The Durbin Amendment means that the credit card companies will be subject to a little of the same competition that we are subject to.