News Topic: Durbin Amendment

A bill to overhaul the Dodd-Frank Act could get a vote in the full House as early as June 7. ... Read full article

A Dodd-Frank overhaul bill faced trouble in the House because lawmakers did not want to vote on a provision to repeal debit swipe fee limits. ... Read full article

House financial services committee head agrees to drop swipe-fee repeal in order to save Financial Choice Act; Federal appeals court appears skeptical about declaring agency's makeup unconstitutional. ... Read full article

Union agreed to pay $701 million for Xenith in a deal that is expected to close early next year. ... Read full article

The House Financial Services Committee began debate Tuesday on a sweeping regulatory reform bill, yet while it is expected to pass on party lines, few expect it to standa chance in the Senate. ... Read full article

Treasury Secretary Steven Mnuchin's upcoming report on how to rewrite financial regulation is likely to end up looking very similar to a Dodd-Frank overhaul plan in the House. ... Read full article

Richard Hunt of the Consumer Bankers Association on reg reform, the chances for a Durbin rollback and more. ... Read full article

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms. ... Read full article

Financial institutions see their best chance to repeal interchange debit fee caps, but merchants are confident they can prevent Congress from taking up the issue again. ... Read full article

Pinnacle Financial wanted to be in high-growth markets. BNC Bancorp saw more regulatory burden looming and limited opportunities to sell itself. Those factors spurred what is currently the year's second-biggest bank deal. ... Read full article

The tiny Flagship Bank has made an unusual bet in agreeing to pay 20 times current capital to buy BankMobile, but the same Durbin amendment that prompted Customers Bancorp to sell the unit also made Flagship the ideal buyer. ... Read full article

Although the news was mostly positive, the Federal Deposit Insurance Corp.'s Quarterly Banking Profile revealed potential warning signs for financial institutions. ... Read full article

Lost in the battle between banks and retailers — which is being fought with renewed vigor in the early days of the Trump administration — is any consideration of how caps on interchange fees have affected consumer spending patterns. ... Read full article

In an exclusive American Banker poll, bankers see President Trump as a positive force for the financial services industry and are optimistic his administration can deliver on CFPB reform and simpler capital rules. ... Read full article

Retailers are prepared to go to the mat to defend the Durbin Amendment on swipe fees; tech firms who sought to displace big banks now sell their wares to them. ... Read full article

Attendees at an American Bankers Association conference believe a massive overhaul of banking regulations is unlikely. ... Read full article

Many bank overdraft-related practices favor profits over customer financial health, but those practices are driven in part by lost revenue from an ill-advised Dodd-Frank Act provision. ... Read full article

Regional banks don’t pose risks to the financial system that have caused concern among policymakers, executives of 18 banks told top Republican and Democratic lawmakers in Congress. ... Read full article