Banking & Financial Services Issues
June 17, 2013 JBanking & Financial Services, Budget & Spending
The Senate’s recent actions on the 2013 Farm Bill speak to Washington’s complete lack of seriousness in getting spending under control. This year’s version is bigger and more bloated than ever, but that didn’t stop Senators from blocking cuts and reforms before passing it.
May 15, 2013 JBanking & Financial Services
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 [...]
October 17, 2011 JBanking & Financial Services
66% Disapprove of Taxpayer Use of Public Funds for Private-Enterprise
ST. PAUL Despite Governor Daytons 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.