The St. Louis Cardinals and Chicago Cubs are among baseball's most storied rivals. Now the newspapers in their cities are facing off on a key issue: debit interchange.
"Federal lawmakers need to accept that the Durbin amendment will do little for consumers, apart from forcing banks to invent annoying new fees. The only thing better than delaying this government effort to micro-manage the business world would be repealing it altogether," The Chicago Tribune wrote in an editorial on Friday.
By contrast, the St. Louis Post-Dispatch wrote last Thursday that banks are being disingenuous in making their argument that the amendment would hurt small financial institutions.
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