Sen. Richard Durbin (D-Ill.) is vowing to fight a renewed effort to repeal the cap on debit card interchange fees – a part of the Dodd-Frank Act that is known as the Durbin Amendment.
“Repeal of the Durbin Amendment will not happen on my watch,” Durbin (pictured) said after Rep. Randy Neugebauer (R-Texas) introduced H.R. 5465, which would repeal the cap.
