WebSep 19, 2024 · Reps. Peter Welch (D-Vt.) and Lance Gooden (R-Texas) today introduced a companion bill to the Credit Card Competition Act of 2024, an ABA-opposed bill that … WebApr 10, 2024 · A Biden nominee for a Louisiana district court has the support of its Republican Senate delegation, Sens. John Kennedy and Bill Cassidy confirmed to CNN. Durbin’s office blasted Hyde-Smith’s ...
Banker op-ed: Durbin-Marshall credit card bill will hurt small ...
WebJul 28, 2024 · The proposed law, to be called the Credit Card Competition Act of 2024 according to a draft of the bill obtained by Payments Dive, echoes an amendment to the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act that Durbin (D-IL) won a decade ago, requiring that competing networks be available to route debit card … WebAug 25, 2024 · The Marshall-Durbin bill further mandates that merchants can choose how transactions are routed. Allowing merchants to choose their authentication method would … shaniel ramguthy
ABA-opposed credit card routing bill again left out of spending …
WebSep 22, 2024 · The bill introduced by Reps. Peter Welch (D-Vt.) and Lance Gooden (R-Texas) is a companion bill to the Credit Card Competition Act of 2024, a highly-opposed … WebMar 30, 2024 · Durbin, Grassley, Klobuchar Join Marshall, Shaheen, Young To Introduce Bipartisan Bill Holding Big Tech Accountable For Online Drug Deals. WASHINGTON – Today, U.S. Senate Majority Whip Dick Durbin (D-IL), Chair of the Senate Judiciary Committee, and U.S. Senators Chuck Grassley (R-IA) and Amy Klobuchar (D-MN), … WebDec 20, 2024 · ABA and other trade groups opposed the Durbin-Marshall bill since its inception and, along with state banking associations, urged bankers to contact their lawmakers and explain how the legislation would harm both community banks and consumers. ABA also significantly expanded its months-long advertising campaign … poly lens cloud relay