The House Financial Services Committee is holding a hearing tomorrow on the Durbin Amendment price controls on debit card interchange fees. Here’s the web page. Only some of the testimony is up there now, but I assume more will be posted as the day goes on.
Meanwhile, the Washington Times had two timely pieces today on the topic: an editorial and a commentary piece. There is a little bit of confusion and it should be clarified that Durbin’s core price controls apply only to debit cards, but the underlying dynamics are similar between debit and credit cards.