CU Lobbyists Waging Last-Minute Effort to Push Interchange Measure
Credit unions and banks are in the final hours of their push to get the few votes they need as the Senate nears a 2 p.m. vote today on whether to delay the implementation of the Federal Reserve’s rule regulating debit interchange fees by up to a year.
Several financial services industry lobbyists said they have 57 or 58 of the 60 votes needed to gain passage of the amendment, sponsored by Sens. Jon Tester (D-Mont.) and Bob Corker (R-Tenn.).