Tag: Congress

According to ABA, the Credit Card Competition Act would reduce card choice, increase fraud risks, reduce rewards, increase the cost ...

Sen. Roger Marshall (R-Kan.) has proposed an amendment to add credit card routing mandates to an unrelated bill on cryptocurrency ...

The House Financial Services Committee advanced three bills supported by ABA, covering regulatory tailoring for community banks, reauthorization of the ...

Government intervention in the U.S. credit card market would harm consumers, small businesses and community-based financial institutions by reducing choice, ...

ABA released its 2026 Blueprint for Growth, outlining its top policy priorities for the year ahead. Developed by ABA’s Government ...

A proposed 10% federal credit card interest rate cap would significantly reduce access to credit for millions of consumers nationwide, ...

Three Democratic senators have introduced legislation to revive a Biden-era rule that would lower the cap on credit card late ...

Lawmakers have agreed to budget $324 million for the Community Development Institutions Fund in fiscal year 2026, which would maintain ...

Senate Banking Committee Chairman Tim Scott (R-S.C.) delayed a scheduled committee vote on cryptocurrency market structure legislation. Banking advocates have ...

A proposed 10% cap on credit card interest rates would harm consumers by making credit less accessible and have negative ...