Swipe Fee Cap Safe in House, For Now

When talking about legislation at the federal, state or local level, victories can be fleeting and the old adage about not counting your chickens until they hatch comes into play. Such is the case currently with the Financial CHOICE Act of 2017 in the US House of Representatives. On Wednesday evening, House Republican leadership agreed to…

Read More »

Action Needed to Preserve Swipe Fee Cap

With Congress in an “undo Obama policy” mode, timing is perfect for business owners (franchised or not) to contact Representatives in Congress and urge them to support the Financial Choice Act of 2017 – but ONLY if the Durbin Amendment is left intact. This issue involves the debit swipe fee reform that was secured back…

Read More »

SEC Mandates CEO Pay Disclosure

Publicly traded companies were also on the receiving end of yet another negative ruling out of Washington DC on Wednesday, this time from the Securities and Exchange Commission.  On a 3-2 vote, the SEC adopted a rule mandating that publicly traded companies compute and disclose the ratio of their CEO’s pay to their median worker’s…

Read More »