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Louisiana

Louisiana bans debit card surcharges, but card companies still get their cut

  • Wesley Muller

A new state law prohibits merchants from adding surcharges to debit card transactions, but critics say the ban actually benefits the banks and credit card companies that created the fees.  Supporters of Act 751, which took effect Aug. 1, have promoted the measure as a consumer protection law that bars merchants from imposing surcharges specifically […]

Looking Left: Trump Willing To Work With Sen. Warren on Affordability
Realclearwire

Looking Left: Trump Willing To Work With Sen. Warren on Affordability

  • Philip Wegmann | RealClearWire

There is no love lost between President Trump and Massachusetts Sen. Elizabeth Warren. She calls him a threat to democracy. He calls her a Marxist. And yet, as Trump may be entering his progressive era, the White House says the president is willing to work with lawmakers like Warren to make a one year 10% cap on credit card interest rates a reality.