Criticism of the Durbin-Marshall Credit Card Bill

SOURCE www.breitbart.com
The Durbin-Marshall credit card bill is criticized for benefiting large corporate stores at the expense of small businesses and consumers. The bill threatens credit card rewards programs and could harm the travel and tourism industry. Senators Durbin and Marshall face opposition from various groups and industries.

Key Points

  • Small businesses might not benefit from the bill
  • The bill could jeopardize credit card rewards programs
  • The travel and tourism industry could suffer a $23 billion hit

Cons

  • Threatens small businesses and their credit card rewards programs
  • Benefits large corporate stores like Walmart, Amazon, Costco, Kroger, and Home Depot
  • Could harm the travel and tourism industry by disrupting credit card rewards and loyalty points programs