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Thursday, October 28, 2021

Commentary: Don’t Let Democrats in Washington Mess with Your Credit Card

As President Biden and Democrats in Washington debate trillions of dollars in new government spending, Tennesseans would be wise to hang onto their wallets. And now thanks to a new proposal being discussed by Sen. Dick Durbin (D-IL) and other progressives like Sen. Bernie Sanders (I-VT), Tennesseans would be wise to hold onto their credit cards too. 

This new plan would impose new regulations on credit cards and make it harder for Tennesseans to access banking and financial services. This so-called progressive priority would also represent one of the largest and most expensive regulations in American history.