AMBA and Other Financial Groups Push Back on Durbin-Marshall Amendments
By Eddie Pasa
National banking and credit union associations have urged Congress to reject the Durbin-Marshall “Credit Card Competition Act” interchange amendment and a related commissary fee study in the FY2026 National Defense Authorization Act (NDAA). They warn that these provisions, unrelated to defense, would harm consumers by reducing card security, eliminating rewards, and raising costs—while benefiting only … Continued