EPC Collection of Statements by Regulators Against Durbin

January 1, 2011

Federal Reserve Chairman Ben Bernanke, acting Comptroller of the Currency John Walsh, FDIC Chairman Sheila Bair, the National Credit Union Association, the Conference of State Bank Supervisors and the National Association of State Credit Union Supervisors all acknowledge that the Fed’s debit card interchange rule could harm consumers and small financial institutions, and should be examined more carefully.

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