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Durbin Statement on Efforts to Delay Implementation of New Interchange Fee Law

WASHINGTON, D.C.–(ENEWSPF)–March 15, 2011.  Assistant Senate Majority Leader Dick Durbin (D-IL) issued the following statement today on legislative efforts to delay implementation of common sense reforms to the interchange fee system:

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“Every month we delay limiting the amount banks and credit card companies charge merchants means another $1.3 billion bailout for Visa, MasterCard and their big bank allies. The $13 trillion banking industry doesn’t need another handout – especially one paid for by small business…

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