Sat.Oct 22, 2011 - Fri.Oct 28, 2011

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Tweet Stream: Dick Durbin Staffers on the Durbin Amendment

Jeff For Banks

'Today I had a Twitter conversation about how the Durbin Amendment turned out to be a boon for retailers and a bust for financial institutions and consumers. Senator Dick Durbin from Illinois sponsored the amendment to the Dodd-Frank Act, decrying the unfairness of the debit interchange fees charged by financial institutions to retailers and how it inflated costs to consumers.