Marshall shelves swipe-fee amendment in crypto bill markup
TL;DR
Sen. Roger Marshall agreed not to call up his amendment to crack down on credit card swipe fees during the Senate Agriculture Committee’s crypto bill markup, avoiding a clash with retailers that could jeopardize the crypto legislation. The measure, backed by Durbin and Welch, may not be brought up, and White House officials have warned that pursuing it could complicate passage of the crypto bill.
- Marshall does not plan to offer credit card amendment at crypto markup Politico
- Trump’s Support for Swipe Fee Bill Poses Major Threat to Banks Bloomberg Law News
- Vault: How Durbin-Marshall became Marshall-Durbin Punchbowl News
- Merchants Urge Senate Ag Committee to Approve Credit Card ‘Swipe’ Fee Amendment to Cryptocurrency Legislation Merchants Payments Coalition
- Interchange bill not germane to digital assets legislation America's Credit Unions
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