Back
Joint Financial Sector Letter Opposing Durbin-Marshall Amendments to Military Construction, Veterans Affairs Funding Bill
| Electronic Payments Coalition
Today, 11 trade associations representing virtually all banks and credit unions, including those primarily serving military-affiliated customers and members, sent a joint letter to Congressional leaders expressing strong opposition of the so-called “Credit Card Competition Act of 2023” as well as the effort by Senators Dick Durbin (D-IL) and Roger Marshall (R-KS) to attach their proposed credit card routing legislation (S. 1838) to the Military Construction, Veterans Affairs, and Related Agencies Appropriations Act (H.R. 4366).
The full letter can be found below: