The CUPP | Episode 11: Interchange legislation and market competition with Professor Todd Zywicki

Join Professor Todd Zywicki for a discussion of the history of the Durbin Amendment to the Dodd-Frank Act, which established the interchange price caps, the recent Credit Card Competition Act, and an overview of the market for credit cards and consumer payments.

Key Takeaways

  • Understand the history and rationale for the interchange price caps, the messaging behind the merchants’ advocacy efforts, and what led to the introduction of the Credit Card Competition Act.
  • Learn about the role of the Federal Reserve’s new final rule on Regulation II debit card routing provisions.
  • Discover the extent of competition in the credit card market, challenges for issuers and consumers, and ways forward that do not involve increasing burdens on credit card issuers.


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