CUNA, all Leagues, the American Bankers Association, and all state banking associations wrote to Congressional leadership outlining strong opposition to the interchange bill introduced earlier this month by Sens. Roger Marshall, R-Kan., and Dick Durbin, D-Ill.
CUNA wrote to Sens. Dick Durbin, D-Ill., and Roger Marshall, R-Kansas, Thursday in strong opposition to a bill the two are expected to introduce that would allow merchants to route payments through an unaffiliated network.
Credit unions strongly oppose any expansion of the Durbin Amendment through antirust or any body of law, CUNA and other organizations wrote to Senate Judiciary Committee leadership Monday. The committee is scheduled to conduct a hearing on interchange this week.