Sen. Marshall proposes to add Credit Card Competition Act to crypto bill
By ABA Banking Journal Staff
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Operational Brief
- Senator Marshall has proposed an amendment to add credit card routing mandates to a cryptocurrency regulation bill.
- The new language would allow state attorneys general to seek civil penalties for violations of the proposed law.
Why It Matters for Texas Credit Unions
The article does not explicitly mention Texas, TX, TCUD, or any Texas-specific entities. It is a federal proposal that applies nationwide.
Who this most likely affects
Limited site guidance: Institutions should review this based on their own products, size, vendors, and supervisory posture.
The item has some Texas or operational relevance signals, but the site does not yet have enough support to narrow it to one institution profile with confidence.
This is site guidance, not a formal determination. ABA Banking Journal and the original source material remain the governing reference.
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Den. Roger Marshall (R-Kan.) has proposed an amendment to add credit card routing mandates to an unrelated bill on cryptocurrency regulation, including new language that would empower state attorneys general to seek civil penalties for violations of the proposed law. The post Sen. Marshall proposes to add Credit Card Competition Act to crypto bill appeared first on ABA Banking Journal .