Governmental Affairs Updates: May 4, 2022

U.S. Senate Committee to Hold Hearing on Debit Interchange: Today, the Senate Judiciary Committee is holding a hearing entitled, “Excessive Swipe Fees and Barriers to Competition in the Credit and Debit Card Systems.” 

​MnCUN Testifies in Opposition of Bill Studying Banks Selling to Credit Unions: Last week, the House Commerce committee held an informational hearing on the community bankers’ bill to create a study group to look at the “issue” of banks selling assets to credit unions.

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