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United States · Bill · HR

H.R. 7531 (118th)

Secure Payments Act of 2024

referredUnited States· United States Congress· EN

Introduced

5 March 2024

Last action

Status

Referred to the House Committee on Financial Services.

Sponsors

Subjects

Discovery layer

Source updated

27 May 2025

Summary

Secure Payments Act of 2024 This bill prohibits the Board of Governors of the Federal Reserve System from implementing the proposed rule published on November 14, 2023, titled Debit Card Interchange Fees and Routing until the consideration of a report on the rule’s effects. The proposed rule establishes standards for reasonable debit card interchange fees and prohibits debit card network exclusivity. The report must analyze the impact of the rule on consumers, merchants, and financial institutions.

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Documents

3 official files

Introduced in House (text)

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Sources

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