Barring a schedule change, the Senate isn't likely to have legislation pending this week to which an amendment delaying the implementation of the Federal Reserve's interchange rule can be attached.
The Senate is scheduled to bring up legislation to extend the PATRIOT Act and no amendments will be allowed to be offered. After this week, the Senate goes into recess.
Although legislation to delay implementation of the Federal Reserve's rule regulating interchange has been introduced in both chambers, House leaders have said they won't act until the Senate does.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
