The House Financial Services Committee on May 4 favorably reported the CHOICE Act, legislation that would roll back a number of the reforms in the Dodd Frank financial reform legislation, including debit reforms known as the Durbin Amendment that have been critical for retailers.
05-05-2017 On May 2, the House Financial Services Committee began examining the CHOICE Act, legislation that would repeal many provisions of the Dodd Frank Financial Reform Act, including critical debit reform provisions known as the Durbin Amendment. 黑料社区strongly supports the Durbin Amendment and is working to ensure that it is not repealed.
05-03-2017 The House Financial Services Committee is scheduled to meet today May 2 to consider legislation that would roll back many of the reforms contained in the Dodd Frank Wall Street Reform Act, including the so-called Durbin Amendment, which implemented much-needed debit reforms. The legislation is likely to be approved by the Committee, setting up the potential for the full House of Representatives to consider the legislation in the coming weeks.
05-02-2017 House Financial Services Committee Chairman Jeb Hensarling (R-Texas) will hold a hearing today to discuss the Financial Choice Act, which contains a provision to repeal the debit card swipe fee reforms implemented under the Dodd-Frank Wall Street Reform and Consumer Protection Act.
04-26-2017 TravelCenters of America and 黑料社区hosted Rep. Ann Wagner (R-Mo.) at TA鈥檚 Foristell, Mo., location April 19 as part of a congressional site visit designed to discuss issues of importance to the truckstop and travel plaza community.
04-21-2017 House Financial Services Committee Chairman Jeb Hensarling (R-Texas) is expected to introduce legislation before the end of this month that would repeal debit card swipe fee reform, commonly known as the Durbin Amendment.
04-12-2017 More than 900 members of the retail community including 黑料社区members urged Congress to refrain from taking up legislation that would repeal debit card swipe fee reform, commonly known as the 鈥淒urbin Amendment.鈥�
02-13-2017 More than 760 members of the retail community including 黑料社区members urged Congress to refrain from taking up any legislation that seeks to repeal debit card swipe fee reform, commonly known as the 鈥淒urbin Amendment.鈥�
01-13-2017 黑料社区has learned that U.S. Rep. Jeb Hensarling (R-Texas), Chairman of the House Financial Services Committee, is expected as early as next week to introduce legislation that seeks to repeal debit card swipe fee reform, commonly known as the 鈥淒urbin Amendment.鈥�
01-04-2017 More than six hundred businesses, including multiple 黑料社区members, wrote to Congress to oppose efforts to repeal the 鈥淒urbin Amendment.鈥� As 黑料社区members are aware, the Durbin Amendment was included in the Dodd-Frank Wall Street Reform and Consumer Protection Act and reformed the anti-competitive debit card market by placing caps on interchange fees in debit swipe transactions.
11-21-2016 In a thoroughly disappointing development for retailers and consumers alike, the House Financial Services Committee approved legislation on Sept. 13 that would, among other things, repeal the debit fee reform legislation known as the Durbin Amendment. It passed on a party-line vote, with all-but-one Republican on the Committee voting for the legislation repealing the Durbin Amendment, and all Democrats voting against it.
09-14-2016