TITLE

'Connective' Politics Pay Off in Interchange Reform

AUTHOR(S)
HAMSTRA, MARK
PUB. DATE
July 2010
SOURCE
SN: Supermarket News;7/26/2010, Vol. 58 Issue 30, p8
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on how the relationship between Rich Niemann, chairman of Niemann Foods Inc. and U.S. Senator Dick Durbin has helped in inclusion of the Dodd-Frank Wall Street Reform and Consumer Protection Act related to regulation of interchange fee. It states that it was Niemann who kept telling Durbin about how this fee was affecting retailers' margin and Niemann mentions the importance of retailers staying in touch with the legislators.
ACCESSION #
55249337

 

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