Home » Posts tagged with » Dodd-Frank legislation

Lawmakers call for repeal of cap on store debit card swipes

Lawmakers are calling for a repeal of the regulation that caps the fees banks can collect from store owners when customers swipe their debit cards – something that generated millions for banks. The regulation, part of the Durbin amendment to regulate the finance indstry, has led banks to increase other banking fees, including monthly debit… Continue Reading Lawmakers call for repeal of cap on store debit card swipes