The industry furor over the interchange amendment passed by the Senate and sponsored by Majority Whip Richard Durbin (D-Ill.), marked by a no-holds-barred grassroots campaign, continued at a feverish pace last week via a flood of e-mails, phone calls, petitions, rallies and high-profile visits to lawmakers.
By mid-week CUNA estimated that nearly 100,000 in-person or e-mail contacts by CEOs, employees, volunteers, members and industry advocates had been made to urge House-Senate conferees to delete the interchange restrictive language from the reform bill.
A number of CEOs said they were prepared for the worst if the amendment becomes law and may decide to pass along to members any increased costs.
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