Senator Roger Marshall (R-KS) has decided not to propose his credit card swipe fee amendment during the Senate Agriculture Committee's upcoming markup session, with Senator Dick Durbin (D-IL) also refraining from introducing it. This decision follows lobbying efforts from the White House and cryptocurrency advocates over the weekend, aiming to facilitate the bill's progress through the committee.
Remaining amendments under consideration include ethics rules for government officials and their families, a mandate for the CFTC to have at least four commissioners after consulting with the minority party, a prohibition on bailouts for crypto issuers, anti-fraud measures for crypto ATMs, and restrictions on foreign adversaries' involvement in U.S. crypto markets.
Senators Drop Credit Card Fee Amendment Amid Crypto Bill Markup
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