Mike Lee

  • Cash Dethroned by Cards: Print Preview

    Debit card volume passes that of cash at the point of sale. This preview article from next week's print edition examines the implications.

  • Bids for Delay of Durbin Amendment in Congress

    Credit unions and other opponents of the Federal Reserve’s proposed rule capping debit interchange fees received good news last week when bills to delay the rule’s implementation were introduced in the Senate and House.

  • 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.

  • ATM Inventor Dead at 84

    John Shepherd-Baron, the Scotsman who has been recognized as the inventor of the Automated Teller Machine has died in Inverness, Scotland. He was 84.


    Service Credit Union, Portsmouth, N.H., announced the appointment of William Arnold as chief information officer.

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