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PERSPECTIVES ON DIGITAL CURRENCY

Dec 21, 2010

Durbin Admendement

Senator Dodd: Debit interchange proposals “maybe one where the Fed is overreaching”

Senator Chris Dodd has joined Congressman Barney Frank in expressing concern about the debit-related provisions in the sweeping legislation that bears their names.

In an interview with the Wall Street Journal published earlier today, Senator Dodd tells the Wall Street Journal that “[the ‘interchange’ proposal dealing with credit and debit card fees paid by retailers] is maybe one where the Fed is overreaching.”

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Posted by: Will Valentine, Visa Corporate Relations on December 21, 2010 at 3:24 pm