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Senate curtails path for swipe fee bill addition to stablecoin legislation

Summary by American Banker
Efforts to advance a major credit card reform through the Senate's stablecoin legislation were derailed Monday after Senate Republican Leader John Thune, R-S.D., filed for cloture and filled the amendment tree on the bill, foreclosing attempts to attach additional measures such as the Credit Card Competition Act.
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American Banker broke the news in on Tuesday, June 10, 2025.
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