All Commentary
Friday, July 1, 2011

Retailers Upset about Fed Switch on Swipe Fees


“Angry retailers Thursday promised to fight a new Federal Reserve decision reversing its previous position and nearly doubling the maximum amount banks can charge on ‘swipe fees’ when customers make debit card purchases.” (Washington Times)

Two factions of the business world fight over regulation.

FEE Timely Classic
“America’s Debt Paranoia” by Todd Zywicki