Press Advisory: November 14, 2023
Contact: Lois Spillman
785-380-9768

Of Interest:  

FEDERAL RESERVE GOVERNOR BOWMAN RAISES CONCERNS OVER INTERCHANGE FEES AND REGULATORY POLICIES AFFECTING CREDIT CARD PROCESSING INDUSTRY – Federal Newswire


Governor Bowman -“I am concerned that the costs of this fee cap revision for consumers—through the form of increased costs for banking products and services—will be real, while the benefits to consumers—such as lower prices at merchants—may not be realized,” Bowman told attendees at the event.”

Study says consumers not likely to benefit from credit card fee restrictions | Federal Newswire (thefederalnewswire.com)

https://thefederalnewswire.com/stories/651624882-federal-reserve-governor-bowman-raises-concerns-over-interchange-fees-and-regulatory-policies-affecting-credit-card-processing-industry

Please contact for live interviews or for comment.  Kansans for Fair Credit Rules is committed to defeating the Durbin-Marshall Big Box Store Bailout