Is the Federal Reserve After Your Credit Card Rewards Points?

Inside Sources

Is the Federal Reserve After Your Credit Card Rewards Points?

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Published on Apr 9, 2024, 3:04:42 PM
Total time: 00:10:18

Episode Description

As Americans continue to feel the effects of inflation despite the allegedly sound economy, the Federal Reserve is setting their sights on credit card regulation. President Biden talked about doing away with "junk fees" in his State of the Union address and now, Senator Durbin has taken on "swipe-fees:" the 1-3% your credit card company charges you for use. But is a world without fees really the utopia it seems to be? Eric Boehm from Reason joins the show.

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Inside Sources brings a one-of-a-kind insider perspective to Utah and national politics.