Welch, local store owner, on reforming credit card merchant fees

A lot going on today, so rather than report or opine, here’s Rep. Peter Welch from a few days ago on legislation to reform credit card interchange fees (‘swipe’ fees). Credit Card reform is something Welch has pursued for some time. In this video, he is introducing testimony from Kathy Miller of the Elmore Store in before the House Financial Services Committee on October 8, 2009. Miller has testified in hearings at the request of Senator Leahy in the past, so she’s become a bit of a go-to Vermonter on the Hill, I suppose.