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Durbin Responds to American Bankers Association on Interchange… Again

WASHINGTON, D.C.–(ENEWSPF)–April 28, 2011.  Assistant Senate Majority Leader Dick Durbin (D-IL) has responded to yet another letter from the American Bankers Association reiterating their opposition to any and all reforms of the interchange system. Durbin’s letter to the ABA today seeks to “cut to the chase” regarding the motivations behind the ABA’s criticisms of the interchange reform law that Congress enacted last year.

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“You say in your letter that your members are concerned about the…

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