Comment Text:
March 16, 2011
TO: The Honorable Frank Lautenberg
The Honorable Robert Menendez
FROM:
RE: NO on S.575
STAND WITH SMALL BUSINESS NOT BIG BANKS
Vaughan Heating and Air Conditioning urges you to OPPOSE S.575 introduced by Senators Tester and Corker. S.575 would require a study and delay by 2 years the rulemaking that the Federal Reserve was directed to make by Congress regarding debit card swipe fees.
The only reason banks want to study the issue of debit fee interchange is so they can KILL reform!
Whether it is speculative energy trades or interchange fees the banks, who caused the financial crisis and were bailed out by taxpayers, are now looking to undermine the solution.
1. Support the CFTC’s rule proposal on position limits!
2. Fully Fund the CFTC to put cops on the beat!
3. DO NOT Co-Sponsor/support S.575!
