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Dick Durbin: “It's fed into the inflationary aspects of this economy.”

Featuring: Dick Durbin, Democratic | U.S. Senate Illinois

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Sen. Durbin on Trump Admin's Mental Health Grant Cuts & Credit Card Competition Act

Published | Video Starts at 14:08

Address the outrageous interest rates being charged on credit cards and address the swipe fee that's being charged on retailers. It's fed into the inflationary aspects of this economy. This is the time to do it. If we're meaningfully going to meaningfully address the real expenses that families face. (14:08–14:13)

CLAIM

Asserts that credit card interest rates and swipe fees contribute to economic inflation.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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