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WASHINGTON, DC - MAY 11: (L-R) Vermont home heating dealer Sean Cota House, Rep. Peter Welch (D-VT) and Rep. Joe Courtney (D-CT) hold a news conference outside the U.S. Captiol May 11, 2011 in Washington, DC. Welch was taking shelter from the noontime... View Photo »
WASHINGTON, DC - MAY 11: Ranking member of the House Financal Services Committee Barney Frank (D-MA) (C) holds a news conference with (L-R) U.S. Rep. Joe Courtney (D-CT), U.S. Rep. Edward Markey (D-MA), U.S. Rep. Peter Welch (D-VT) and U.S. Rep.... View Photo »
WASHINGTON - APRIL 14: (L-R) Wisconsin Gov. Scott Walker, Vermont Gov. Peter Shumlin, and U.S. Rep. Peter Welch (D-VT) listen during a hearing before the House Oversight and Government Reform Committee April 14, 2011 on Capitol Hill in Washington, DC. ... View Photo »
House Committee on Oversight and Government Reform Chairman Rep. Darrell Issa, R-Calif. , left, welcomes, from second from left, Vermont Gov. Peter Shumlin, and Rep. Peter Welch, D-Vt. , as they arrive on Capitol Hill in Washington, Thursday, April 14,... View Photo »
Peter F. Welch (born May 2, 1947) is the United States Representative for the U.S. state of Vermont's at-large congressional seat. He also served as a Vermont State Senator (D-Windsor). Welch was the president pro tempore of the Vermont Senate. Full Article
WASHINGTON, DC - MAY 11: Ranking member of the House Financal Services Committee Barney Frank (D-MA) (C) holds a news conference with (L-R) U.S. Rep. Joe Courtney (D-CT), U.S. Rep. Edward Markey (D-MA), U.S. Rep. Peter Welch (D-VT) and U.S. Rep. Carolyn Maloney (D-NY) outside the U.S....
View Photo »WASHINGTON - APRIL 14: (L-R) Wisconsin Gov. Scott Walker, Vermont Gov. Peter Shumlin, and U.S. Rep. Peter Welch (D-VT) listen during a hearing before the House Oversight and Government Reform Committee April 14, 2011 on Capitol Hill in Washington, DC. The hearing was to examine the...
View Photo »House Committee on Oversight and Government Reform Chairman Rep. Darrell Issa, R-Calif. , left, welcomes, from second from left, Vermont Gov. Peter Shumlin, and Rep. Peter Welch, D-Vt. , as they arrive on Capitol Hill in Washington, Thursday, April 14, 2011, to testify before the...
View Photo »WASHINGTON, DC - MAY 11: Ranking member of the House Financal Services Committee Barney Frank (D-MA) (C) holds a news conference with (L-R) U.S. Rep. Joe Courtney (D-CT), U.S. Rep. Edward Markey (D-MA), U.S. Rep. Peter Welch (D-VT) and U.S. Rep. Carolyn Maloney (D-NY) outside the U.S....
View Photo »Everything is going to be super contentious ... The failure [of the supercommittee] to put this in a comprehensive package means that all the ideological divisions about taxing and spending will be fought out on a provision-by-provision basis.
Specifically, we are concerned that communications between banks and bank associations that may amount to price signaling or collusion have occurred in the wake of Congressional action to reform debit card swipe fees
While big banks like Bank of America beat a hasty retreat on their debit card fee strategies, I have no doubt that they will continue their quest to dig deeper into the pockets of struggling consumers
