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Legal Commentary
: The Volokh ConspiracyHouse Financial Services Committee Hearing on Durbin Amendment
By Todd Zywicki
The House Financial Services Committee is holding a hearing tomorrow on the Durbin Amendment price controls on debit card interchange fees. Here?s the web page. Only some of the testimony is up there now, but I assume more will be posted as the day goes on.
Meanwhile, the Washington Times had two timely pieces today on the topic: an editorial and a commentary piece. There is a little bit of confusion and it should be clarified that Durbin?s core price controls apply only to debit cards, but the underlying dynamics are similar between debit and credit cards.
Full post as published by The Volokh Conspiracy on February 16, 2011 (boomark / email).
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