American Bankers Association, Alabama Bankers Association, Alaska Bankers Association, Arizona Bankers, et. al
American Bankers AssociationSupportTrade association
Summary: The American Bankers Association and 52 state and territorial bank associations support the OCC's order preempting the Illinois Interchange Fee Prohibition Act. They argue that the action provides necessary regulatory certainty, protects the uniform national banking system from state overreach, and prevents the "balkanization" of the payments ecosystem.
Joint comment by American Bankers Association and 52 state and territorial bank associations