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Music with A Message

The Wisconsin-based duo The Disclosures penned a humorous musical message explaining the Federal Reserve’s proposed debit interchange fee called “Don’t Change the Interchange.” Sung to the tune of George Michael’s “Faith,” it puts a fun spin on explaining the issue and what it means to you.

In the News 

  • Debit card fee battle heats up (3/15/2011)

    The battle to sway hearts and minds over debit card swipe fees is heating up fast on radio waves, in Capitol Hill newspapers and even on subway cars throughout the nation's capitol.

  • Senate Showdown Looms Over Interchange (3/15/2011)

    Senator Jon Tester will introduce a bill later today that would delay implementation of the controversial rule on debit interchange for as long as two years while NCUA and bank regulators study its impact on credit unions and community banks, with a similar bill to be introduced later in the House.

  • Durbin and Federal Reserve Plot to Fix Prices and Harm Consumers (3/14/2011)

    Senator Dick Durbin’s (D-IL) amendment to the Financial Overhaul Bill is set to go into effect in April that will allow Obama and the Federal Reserve to set the prices of debit card interchange fees.

  • Concerns Mount About Debit-Card Fee Caps (3/12/2011)

    New limits on debit-card fees were sold to lawmakers last year as a pro-consumer move. But as the deadline nears to finalize the rules, concerns are mounting that the caps could push poorer people out of the banking system.

  • Sectors spar over fee cap on debit use (2/27/2011)

    CUNA estimates credit-union debit customers could face an average new annual fee of $34, a transaction fee of 25 cents per swipe or some combination.

 

What Can I Do?

Don’t give up your hard-earned money. Own your money. Tell your legislator that you like owning it and want to have a say in how it’s spent.  Sign a petition and contact your legislator today!

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