The Hill: The Feds Are Coming for Your Credit Card Rewards

Just as debit card reforms harmed consumers, so too will credit card reforms. The biggest casualty of this new legislation will be co-branded credit cards, more commonly known as rewards credit cards, which will cease to exist. For the sake of consumers and merchants, Congress must put a stop to such hazardous proposals as the unintended consequences […]

Real Clear Policy: For the Sake of Consumers, Kill the Durbin Amendment

Despite trying to cut costs for consumers and businesses, research has consistently shown the Durbin amendment denied consumers access to no-fee and low-fee financial services. Moreover, this denial disproportionately harmed minority and low-income communities, preventing them from accessing formal lines of credit. The proposal to lower and cap interchange fees for credit card transactions would exacerbate […]