For years, banks have issued fraud-prone mag stripe cards, putting information at risk, the letter from the National Retail Federation said.
Lawmakers, trade associations and industry lobbyists increase pressure on Congressional committees to investigate the growing Target breach.
Senate Majority Leader Harry Reid delays vote on Janet Yellen confirmation to after the new year begins.
Reports say vote to come up on Tuesday, Dec. 10, under new rules after October vote blocked.
Parliamentary maneuvering continues on the bill.
Legislation would delay flood insurance premium increases for up to four years.
Watt’s confirmation blocked (by 56-42 vote) because he’s a "politician," senator says
Senate Majority Leader Harry Reid (D-Nev.) moves to invoke cloture on nomination for Rep. Mel Watt (D-N.C.)
NAFCU urges delay until at least after FEMA study complete.
A bill passed Oct. 5 by the House of Representatives that would grant back pay to furloughed federal employees in the government shutdown stalled in the Senate. As of Oct. 10, the Democratic-controlled Senate had yet to vote on the bill, which passed 407-0 in the Republican-controlled House.