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"US banks step up fight to end fee limits on debit cards" by Alistair Gray
Managing Director and financials analyst Chuck Gabriel was quoted in Alistair Gray's Financial Times article, entitled "US banks step up fight to end fee limits on debit cards".
Charles Gabriel, president of the policy analysis group Capital Alpha, said he doubted the move would secure enough political support. "This is forcing members to choose between two of the most powerful political constituencies in their districts [banks and retailers]. Why would they want to do that?"
But he added: "You've got this green light now, with Trump having won. You kind of have to try this. The [finance] industry has a chance to play offence."