Quantcast

Wall Street Finally Lost a Battle, but Only Because it Was Up Against Another Giant | The Nation

  •  
Nation in the News

Nation in the News

TV and radio appearances by Nation writers and editors, big Nation announcements.

Wall Street Finally Lost a Battle, but Only Because it Was Up Against Another Giant

Wall Street finally lost a battle, but only because it was up against another giant: the retail industry. The Nation’s George Zornick joined RTAmerica to discuss an amendment to a bill that requires the Feds to limit “swipe fees”—sums that banks charge retailers when a customer uses a debit or credit card at their store. How will consumers fair in all of this?

To read Zornick’s report from just before the amendment passed, click here.

—Sara Jerving

Before commenting, please read our Community Guidelines.