Retailers Running Ad Criticizing Lee for Co-Sponsoring Interchange Measure
Accusing him of supporting “crony capitalism,” a group of retailers have run advertisements against freshman Sen. Mike Lee (R-Utah) for being a backer of a measure that would delay the implementation of a Federal Reserve rule regulating interchange.
“Utahans are tired of politicians who say one thing and do another,” said the ad in the Salt Lake Tribune and other Utah newspapers. “Mike Lee campaigned against crony capitalism and Wall Street bailouts…Mike Lee co-sponsored a bill that would help big TARP banks protect their debit card swipe fee heist. Another big TARP bank bailout!”