Competitive Enterprise Institute-led coalition
Competitive Enterprise Institute-led coalitionSupportAdvocacy
Summary: The Competitive Enterprise Institute and a coalition of partner organizations support the OCC's move to preempt the Illinois Interchange Fee Prohibition Act. They argue that the state law imposes substantial operational burdens on banks and credit unions and violates the Supremacy Clause and Commerce Clause of the Constitution.
See attached file(s). Comments of Competitive Enterprise Institute-led coalition.