Hensarling’s Choice Act Clears Committee with Durbin Repeal Intact
The House Financial Services Committee today approved the Financial Choice Act, a major regulatory reform bill introduced by committee chairman ...
Tag: Interchange
Court Rejects Agreed-Upon Settlement in Visa, MasterCard Case
An appellate court today rejected the settlement in which Visa, MasterCard and credit card-issuing major banks agreed to pay $6.05 ...
Op-Ed: Nichols Calls for Repeal of ‘Archaic’ Durbin Amendment
In an op-ed in The Hill today, ABA President and CEO Rob Nichols called for the repeal of the Dodd-Frank ...
State Associations Support Durbin Repeal Legislation
The state bankers associations today wrote to Rep. Randy Neugebauer (R-Texas) to express their support for a bill he introduced ...
ABA, Trades Support Durbin Repeal
ABA and several other trade groups wrote to House leaders yesterday in support of H.R. 5496, introduced by Rep. Randy ...
House Bill Introduced to Repeal Durbin Amendment
Rep. Randy Neugebauer (R-Texas) today introduced H.R. 5465, a bill that would repeal Dodd-Frank’s Durbin Amendment, which institutes a cap ...
ABA Sets Data Security Record Straight on Hill
With a retail industry lobbying group visiting Capitol Hill offices this week, ABA sent a memo today to members of ...
Keating Op-Ed: Debit Interchange Cap ‘Distorts the Marketplace’
The Durbin Amendment’s cap on debit card interchange fees is distorting the retail marketplace and harming consumers, ABA President and ...
Fed Clarifies Basis for Debit Interchange Fees
The Federal Reserve today clarified the way it treats transaction monitoring costs when it sets the debit card interchange cap.
