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The Durbin Amendment Will Imperil Security And Innovation In The Credit Card Market

Por: Forbes Business October 05, 2022

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The usual Congressional lame duck session entails passing a budget, extending a few expiring tax provisions, and a wholesale attempt by the party in power to attach various amendments to these vehicles to advance their agenda before a new Congress wipes the slate clean. One of those amendments likely to be considered is Senator Richard Durbin’s Credit Card Competition Act, which would effectively prohibit consumers, payment networks, and... + full article



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