Episode 405 - Industry Faces Significant Setback On Credit Card Relief

The industry has had a tough couple of weeks regarding its long-running feud with the banks and credit card companies coming up on the wrong end of a highly anticipated court decision and the veto pen. We’re joined once again by Dan Swanson, Counsel to the Merchants Payment Coalition to tell us what happened, why it happened, and more importantly, where do we go from here. And a few states held primary elections last week - most notably in California, Texas, Maine and Iowa. We take a look at the winners and losers and what it means for the industry. We’ll talk about those issues and wrap it up with the legislative scorecard.