Bank Policy Institute - Home Page
Description: Giant chain stores don't want to pay their bills and are lobbying the government to intervene. Tell mega-retailers to stop demanding charity.
Every day, Fortune 500 retailers use goods and services like water, electricity and the payment system that help them run their businesses. Like all of us, they are expected to pay for those services. Yet, incredibly, mega retailers want you to believe they can’t afford it.
That’s why these retail chains are lobbying the government to set new limits on what banks can charge to process debit transactions.
Dec. 22, 2022
Bank Policy Institute - Home Page