Payments News Update – April 25, 2025
Posted 04/25/25
Legal and Regulatory Developments
SPOTLIGHT: Sen. Durbin to Retire, Setting Stage for Renewed Credit Card Reform Push
CU Today – April 23, 2025
Sen. Dick Durbin (D-IL) has announced he will not seek re-election next year—a move that likely signals increased efforts to have the Credit Card Competition Act passed in 2025.
Durbin stated on X that he plans to serve the remainder of his term.
The long-time...