ARLINGTON, VA--Food Marketing Institute (FMI), along with the entire retail industry, commends the U.S. Congress on its announcement that pro-competitive debit reforms will be preserved in the Financial CHOICE Act of 2017. FMI has fiercely opposed efforts to repeal this pro-competitive reform that has saved grocers and consumers billions of dollars and provided enhanced competition since it was enacted in 2010.
"We are thrilled to hear that the House of Representatives decided to maintain the pro-competitive debit reforms that have provided enhanced competition and lower prices since they were enacted in 2010. We are grateful to the many members of Congress who listened intently to their constituents about an incredibly complicated subject - routing and competition in debit card transactions - and understood that competition is critical, that the reforms are working and that they should be maintained." said Leslie G. Sarasin, President and CEO.
"Our members put a lot of their own shoe-leather into making sure they shared the personal angle of this very complicated policy debate - competition is important in the debit market just as it is in the grocery business."
Industry Topics address your specific area of expertise with resources, reports, events and more.
Our Research covers consumer behavior and retail operation benchmarks so you can make informed business decisions.
Events and Education including online and in-person help you advance your food retail career.
Food Safety training, resources and guidance that help you create a company food safety culture.
Government Affairs work — federal and state — on the latest food industry policy, regulatory and legislative issues.
Get Involved. From industry awards to newsletters and committees, these resources help you take advantage of your membership.
Best practices, guidance documents, infographics, signage and more for the food industry on the COVID-19 pandemic.
