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Swipe Fee Battle

Against Their Own Interests

Mike Lux | Posted 08.03.2011 | Business
Mike Lux

It's unfortunate that some community bankers have gotten caught up on the wrong side of this battle, but the bottom line couldn't be clearer. Swipe fee regulation is a straightforward fight between Main Street and Wall Street.

The Big Retailers Versus the Big Banks: It Makes a Big Difference

Dean Baker | Posted 07.09.2011 | Business
Dean Baker

In the battle of the swipe fees, Wal-Mart is on the side of the angels, not because it is altruistic, but because it hopes to increase profits. If we're going to design policy that has a chance, we should get used to seeing some of the bad guys in our camp.