Durbin industry debate rages on after one year anniversary of Tester defeat

BankCreditNews.com | June 13, 2012

Renewed criticism of the Durbin Amendment came after recent reports that some gas retailers were charging excessive price differentials for those consumers who paid with debit or credit card at the pump. While the price controls were intended to lower costs for merchants, who said that the savings would then be passed to consumers, there has been little evidence to support that claim.

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