Southwest Public Policy Institute
Southwest Public Policy InstituteSupportAdvocacy
Summary: The Southwest Public Policy Institute (SPPI), a nonprofit think tank, supports the OCC's interim final rule to preempt the Illinois Interchange Fee Prohibition Act (IFPA). They argue that the state law creates an unworkable regulatory patchwork that threatens the national banking system, violates constitutional clauses, and undermines consumer rewards programs.
SPPI + OCC re: IFPA