U.S. Senator Dick Durbin
Recent News About U.S. Senator Dick Durbin
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Cornerstone Advisors Research Director: ‘Credit Card Competition Act’ could create a ‘fraudster’s dream come true’
Glenn Grossman, the director of research at financial advisory firm Cornerstone Advisors, said the pending federal “Credit Card Competition Act of 2023” (CCCA) could lead to an increase in credit card fraud.
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Study says consumers not likely to benefit from credit card fee restrictions
A new study by economist Stephen Moore this week says that legislation pending in Congress to restrict transaction fees by credit card companies will not necessarily help consumers.