Browsing: Congress

Newsbytes

A proposed bill that would allow merchants to control how banks process credit card transactions would be a pain for consumers, small businesses and community banks trying to meet the needs of their customers, Shan Hanes, CEO of Heartland Tri-State Bank in Elkhart, Kansas, and board chair of the Kansas Bankers Association, said today in an op-ed for The Topeka-Capital Journal.

Newsbytes

Following passage by the Senate earlier this month, the House today passed the Inflation Reduction Act, a bill to address selected portions of the Biden administration’s agenda for climate change, healthcare and tax policy.

Newsbytes

ABA joined a broad coalition of state bankers associations and credit union associations in a strongly worded letter sent Friday to congressional leaders opposing S. 4674, the Credit Card Competition Act of 2022. The bill, which was introduced by Sens. Roger Marshall (R-Kan.) and Dick Durbin (Ill.), would create new credit card routing mandates that will affect banks that issue credit.

1 2 3 4 5 13