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Montana Bankers Show Support for Tester's Interchange Efforts

Posted on 3/14/2011

The Montana Bankers Association yesterday began running a print ad in four major Montana newspapers expressing support for Sen. Jon Tester's (D-Mont.) efforts to protect debit cards from the damaging effects of Dodd-Frank Act-mandated price controls.

Tester -- who has indicated his interest in sponsoring legislation that would stop the Federal Reserve's implementing rule -- has been under attack for his position by groups representing big-box retailers. The MBA and ABA, through the Electronic Payments Coalition, are running print, TV and radio ads to counter retailers' attacks. View the print ad. Read more about the EPC campaign.

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