Credit Card Legislation May Be Amended to Stablecoin Bill
The Credit Card Competition Act may face a vote on the floor of Congress next week, after Sen. Roger Marshall ...
Tag: Senator Durbin
Browse articles about Senator Durbin’s contributions to financial legislation. Learn about his role in shaping policies like the Durbin Amendment, impacting payments, banking regulations, and consumer protections in the financial industry.
Senate Moves to Rein in Crypto ATM Scams
In response to scams involving bitcoin ATMs that cost consumers more than $100 million annually, four Democratic senators have introduced ...
Credit Competition Act Creeps Into 2023
The Durbin Amendment of 2010 regulated interchange fees for debit cards issued by banks with $10 billion or more in ...
Doing Durbin: Senate Hearing on Credit Card Interchange Begins Today
Many question the promises and results of the original Durbin Amendment, which grew out of the Great Recession. The Credit ...
Fighting Fire with Fire: Bankers Want No Changes to Durbin Amendment
Interchange rates are the fees that merchants pay to card issuers for the acceptance of credit and debit cards. These ...
CUNA Joins Other to Warn Against the Expansion of Durbin
Legislators including Senator Durbin (D-IL) have been musing of late about the expansion of his namesake amendment to the Dodd-Frank ...
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