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Banking & Financial Services Issues

THE DURBIN AMENDMENT TURNS THREE

May 15, 2013 J

Jason Hughey Monday marked the three-year anniversary of the Senate’s passage of the Durbin Amendment as an attachment to the Dodd-Frank Act of 2010.  The amendment prevented banks from charging more than 24 cents per debit card transaction.  Before Durbin, banks were charging roughly 44 cents per debit card transaction.  In the aftermath of the [...]

MINNESOTANS OPPOSE PUBLICLY FUNDED VIKINGS STADIUM

October 17, 2011 J

66% Disapprove of Taxpayer Use of Public Funds for Private-Enterprise

ST. PAUL – Despite Governor Dayton’s unrelenting push for a $650 million taxpayer-funded Minnesota Vikings football stadium, two-thirds of registered Minnesota voters are against a Vikings’ stadium funded by taxpayer dollars, according to a poll released today by Americans for Prosperity-Minnesota.

“Just three months after balancing the state budget with his proposal to delay aid to school districts while also borrowing against tobacco company settlements, Governor Dayton is proposing a $650 million contribution from state and local government to pay for the Vikings new football stadium. Today, it is clear that Minnesotans oppose this reckless spending of their hard-earned taxpayer dollars,” said John Cooney, Minnesota State Director of Americans for Prosperity.

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