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Customers Should Fight Back

April 3, 2011
By James R. Sherin (editorial@post-journal.com) , The Post-Journal

Just a few short months ago, retailers and other small businesses throughout New York and the nation were applauding Congress for its bipartisan decision to reign in some of the gouging practices of the big banks and credit card networks. But now, before the ink is hardly dry on the draft Federal Reserve regulation implementing debit card fee reforms, the banks and Visa and MasterCard are ganging together to lobby Congress to retract the enacted reforms and savings and to allow their dubious past practices to continue.

 
 

 

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