The Cure for the Banking Industry, Part IV: Why Dodd-Frank Is No Help

American Banker | September 27, 2012

“The Durbin amendment on debit card fees is price fixing.  It will reduce the availability of banking services to low-income consumers and increase costs for middle-income consumers.  This is a government-mandated redistribution of wealth from bank shareholders and consumers to large retailers, such as Walgreens.”

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