Home Info Newsroom CUNA and Trades Write to Fed re: Resisting Re-Opening Debit Regulation

CUNA and Trades Write to Fed re: Resisting Re-Opening Debit Regulation

Authored By: Lewis Wood on 2/7/2022

CUNA and other organizations wrote to the Federal Reserve in response to the Fed’s recent proposal to re-open Regulation II, which covers debit card interchange fees and routing. Attempts to tighten Durbin Amendment regulations would make it increasingly difficult for financial institutions to provide robust core banking services.

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