Jordan commentary: First Horizon supports delaying debit-fee rule

Bryan Jordan, president and CEO of First Horizon National, explains that the unintended consequences of restrictions on fees charged for debit card transactions will undermine the good intentions of the proposed rules. "If implemented as proposed, such limits would restrict how ... members of the financial services industry can serve their customers," Jordan wrote. "In fact, a fee cap could actually be more costly to those customers, the supposed beneficiaries."

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