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ABA, ICBA, other associations state opposition to Credit Card Competition Act – Oklahoma Bankers Association

Summary by oba.com
The American Bankers Association and Independent Community Bankers of American joined eight other associations representing banks, credit unions and payment providers on Monday in restating their opposition to the Credit Card Competition Act, which would impose new network routing mandates on financial institutions that issue credit cards. Sen. Dick Durbin (D-Ill.) has stated his intention to reintroduce the bill in the current Congress. Durbin …
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oba.com broke the news in Oklahoma City, United States on Friday, March 28, 2025.
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