Make-believe Handmaids of Gilead (or at least the ones wandering the streets of suburban Washington, D.C.), listen up: You and your compatriots are likely committing a crime.
Durbin to Protesters: Stay Away From the Homes and Families of Justices cnsnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnsnews.com Daily Mail and Mail on Sunday newspapers.
Make-believe Handmaids of Gilead (or at least the ones wandering the streets of suburban Washington, D.C.), listen up: You and your compatriots are likely committing a crime.
By Phil Kerpen | July 8, 2021 | 2:29pm EDT
Sen. Dick Durbin (D-IL) gives an address. (Photo credit: Paul Morigi/WireImage)
The same politicians who mostly killed free checking and debit card rewards programs through government price controls are setting their sights on credit cards – and that means miles, cash back, and other rewards are now in jeopardy.
That s a potential political earthquake, because a recent study found that 84 percent of all credit cards are rewards cards, and 70 percent of cardholders who make less than $20,000 a year have rewards cards. Many small businesses also rely on rewards cards – especially cash-back cards.
Those individuals and small businesses need to engage quickly to stop efforts underway by Sen. Dick Durbin (D-IL) to build support from his colleagues to extend his 2010 price-control and network-routing regulations on debit cards to credit cards.
Durbin Puts Credit Card Rewards in Political Peril cnsnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnsnews.com Daily Mail and Mail on Sunday newspapers.