Delaying Durbin

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.

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