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Payments News Update – May 2, 2025 - Constantine Cannon

Summary by Constantine Cannon
Legal and Regulatory Developments SPOTLIGHT: Durbin to Keep Pushing Card Bill Payments Dive – April 28, 2025 Sen. Dick Durbin is retiring, but that doesn’t mean he’s done with credit card reform efforts. The Illinois Democrat announced last week that he wouldn’t seek re-election next year and his four-decade congressional career will end in January 2027. Still, he plans to use some of his dwindling days in the Senate to continue a crusade for th…
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Constantine Cannon broke the news in on Friday, May 2, 2025.
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