So far, all actions connected to the Durbin Amendment have happened in the blink of an eye. This is one piece of legislation that seems to have no patience - until now. Bills have been introduced in both the Senate and House to delay the rules-making process.
Regardless of whether Congress can agree on a new bill and get it passed prior to April 21st, the market has already begun to shift its business model. We believe it's unlikely that a retrenchment is going to occur.