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Colorado Gov. Polis faces intense lobbying blitz from DC-based groups over credit card ‘swipe-fee’ bill

Colorado Springs Gazette·Marianne Goodland [email protected]·26 days ago
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Colorado’s long‑running fight over credit‑card swipe fees entered its final round Tuesday, when lawmakers sent a proposal to Gov. Jared Polis and rival industry coalitions immediately launched competing campaigns to sway his decision. The clash pits groups urging Polis to sign the bill — restaurants, hotels, breweries, liquor stores, small businesses, and big‑box retailers — against the financial industry players pushing for a veto. The latter include banks, credit unions, credit‑card companies, and airlines, which argue the measure would wipe out credit‑card rewards programs that consumers use to earn and redeem points for everyday purchases and travel. The focus has shifted from the legislature to persuading the governor one way or the other. And while community groups and small businesses weighed in throughout the session, the loudest voices are now coming from Washington, D.C.…

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