ICLE on the Durbin Amendment

Townhall – ICLE research on payments markets was cited by columnist Julio Rivera in an op-ed for Townhall about efforts to attach Sen. Richard Durbin’s (D-Ill.) Credit Card Competition Act to the National Defense Authorization Act. You can read full piece here.

Research from the International Center for Law & Economics and George Mason University School of Law also found that the promised savings to consumers never materialized and that large retailers simply pocketed the money.