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Research, Policy

Durbin 2.0: Senate NDAA & Credit Routing

John Sonsalla, SVP and Head of Strategy

Hugo Dante, Financial Services Policy Analyst, Vice President

19 July 2023

Summary

It is déjà vu all over again: Investors should be prepared for noise renewed around Visa (V) and Mastercard (MA) as proponents of credit routing competition legislation attempt to attach the bill as an amendment to the Senate version of the National Defense Authorization Act (NDAA), which is being considered on the floor.

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Related Insights

Durbin Amendment 2.0: Credit Routing Competition, Senate NDAA Effort

Odds remain low that credit card routing competition language included in NDAA...