Political Quotes

Dick Durbin: “I have repeatedly asked the credit card industry and the banks to demonstrate that the rates that they've established…”

On the recordJune 1, 2009
I have repeatedly asked the credit card industry and the banks to demonstrate that the rates that they've established are legitimate to process the card transactions and unfortunately they have not been able to provide any data or information to suggest that the amount charged, even to the Federal Government, represents a reasonable fee.
Said by
Dick Durbin
Democratic · Illinois

Editor's note · Context

Durbin questions credit card fees and their legitimacy for government transactions.

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