Kilroy pledges to rein in banks' debi...

Kilroy pledges to rein in banks' debit-card fees | The Columbus Dis...

There are 5 comments on the Columbus Dispatch story from Jun 21, 2010, titled Kilroy pledges to rein in banks' debit-card fees | The Columbus Dis.... In it, Columbus Dispatch reports that:

U.S. Rep. Mary Jo Kilroy said today that she will use her position on a financial-regulation panel to crack down on the fees that banks charge businesses when customers swipe their debit cards.

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pikkil47

Hilliard, OH

#1 Jun 22, 2010
yakkity, blabbity, blather, blah, blah... right MJ. So what you're saying is that you'll remove the bank's hand from businesse's pocket and place it in ours (firmly around our wallets)... oops, thats right it's July,,,time to ratchet up the hyperbole and grandstanding.
DanO

Ashland, OH

#2 Jun 24, 2010
It's true Mary Jo either hasn't done her homework or she's already been bought and paid for - much like so many in congress. However, Steve's bid for the seat Mary Jo currently holds is a bit "out of sequence." He needs to develop enough courage to take a stand. Sounds like he’s another coward and we don't need any more cowards or puppets in congress.
Jack H

Trevor, WI

#3 Jun 24, 2010
This so called savings will go to the merchants, not consumers. Have any consumers seen savings from the reduced interchange as a result of the merchant lawsuits several years ago, I think not! So the merchants are being disingenous when they tell Congress consumers will benefit from interchange regulation. Consumers will pay higher fees for checking accounts. If you ever had a credit or debit card stolen and had charges appear on those accounts. It's not the merchant that bears the cost of that fraud. It's the financial institution, big or small. The only offset to those fraud charges is interchange. Without that offset costs will be passed on in other forms, such as the abolishment of free checking accounts.
Another regulation jammed into a piece of legislation that was not necessary or even studied by our representatives. No one understands the impact this will have on the consumer!

Since: Aug 09

The Cosmos

#4 Jun 24, 2010
pikkil47 wrote:
yakkity, blabbity, blather, blah, blah... right MJ. So what you're saying is that you'll remove the bank's hand from businesse's pocket and place it in ours (firmly around our wallets)... oops, thats right it's July,,,time to ratchet up the hyperbole and grandstanding.
Totally true
Just the Facts

Columbus, OH

#5 Jun 24, 2010
Horrid representative!

She needs to get off her knees and quit licking the boots of the political leaders.

Mary Jo you represent the people of OHIO, not Washington DC!

Vote the Bum out!
2010

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