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Durbin Urgest The Office Of The Comptroller Of The Currency To Clarify Its Misinterpretation Of Interchange Fees
November 22, 2024
WASHINGTON, Nov. 22 -- Sen. Richard J. Durbin, D-Illinois, issued the following news release:

SPRINGFIELD -U.S. Senate Majority Whip Dick Durbin (D-IL), author of the "Durbin Amendment," sent a letter to the Office of the Comptroller of the Currency (OCC) requesting it to clarify its understanding of interchange fees in light of the OCC's recent amicus brief filed in Illinois Bankers Association v Raoul. In the letter, Durbin highlights the fact the OCC may be misinterpret . . .

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