League pens op-ed highlighting what interchange plea overlooks
Published by: Emily Leite
May 31, 2023 | Public Awareness
Ohio small businesses are the backbone of Main Street, and a difficult economy compounds cost, stifles innovation, and challenges consumer satisfaction. These stiff operating headwinds are not isolated to restaurants and retailers only. They also impact how community-based credit unions and other lenders serve local communities. That’s why the League penned an op-ed responding to a recent Columbus Dispatch opinion piece highlighting how the Credit Card Competition Act, and proposed changes to the interchange ecosystem, overlook the impact to community-focused credit unions and consumers. Ohio has a responsibility to empower consumers with choice, including a safe and secure method of payment. The League will continue working with U.S. Senators Sherrod Brown and JD Vance to empower both small businesses and credit unions by opposing the Credit Card Competition Act.
Contact Emily Leite for questions or assistance.
