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ICBA urges House to reject Durbin Amendment expansion

ICBA told House leaders it strongly opposes the Credit Card Competition Act of 2022 (H.R. 8874), controversial legislation to create new credit card routing mandates that expand on Durbin Amendment...

Sep 22, 2022
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Article
Lending Payments

ICBA urging grassroots messages opposing Durbin Amendment expansion

With ICBA-opposed legislation to expand on the Durbin Amendment now introduced in both the House and Senate, ICBA is calling on community bankers to continue the grassroots campaign against the...

Sep 23, 2022
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Article
Lending Payments

Liang: Treasury-led CBDC group a work in progress

The Treasury Department is still working out the details of a Treasury-led interagency work group on considering the adoption of a U.S. central bank digital currency, Treasury Undersecretary Nellie...

Sep 21, 2022
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Article
Payments

Article, campaign spotlight harmful impact of Durbin Amendment expansion

ICBA-opposed legislation to create new credit card routing mandates that expand on Durbin Amendment payments interventions would dramatically affect credit card rewards programs, according to a new...

Sep 19, 2022
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Article
Lending Payments