Senators Cruz and Britt Introduce Legislation to Raise Debit Card Fee Caps for Smaller Banks
Lawmakers Propose Inflation Adjustments for Small Bank Debit Fee Caps·February 11 – February 12, 2026
18 days ago
Senators Cruz and Britt Introduce Legislation to Raise Debit Card Fee Caps for Smaller Banks
The legislation is currently in the early stages of the committee process in both the House and Senate. If passed, the adjustment would allow more community banks to charge higher interchange fees to cover operating costs, shifting the financial burden from smaller lenders to merchants.
2 months ago
Senators Cruz and Britt Introduce Bill to Update Community Bank Asset Limits for Inflation
Senator Ted Cruz and Senator Katie Britt introduced S. 3849 to update the asset limit for community bank rules.
2 months ago
Rep. Barr introduces H.R. 7484 to adjust small bank debit fee cap threshold for inflation
Representative Barr introduced H.R. 7484 to adjust the $10 billion threshold for inflation in the House.
2 months ago
Senator Ted Cruz Advocates for Inflation-Adjusted Debit Fee Caps for Small Banks via Social Media
Senator Ted Cruz publicly advocated for the fee cap adjustment via social media.
Cruz, Britt Seek to Raise Smaller Banks’ Debit Card Fee Cap | @Bloomberg https://t.co/3TJDHAEcIV
2 months ago
Lawmakers Propose Raising Debit Fee Caps for Small Banks to Account for Inflation
Bloomberg Business detailed the lawmakers' efforts to raise the debit card fee cap for smaller financial institutions.
Cruz, Britt Seek to Raise Debit Card Fee Cap for Smaller Banks
The Facts
Policies
S. 3849 and H.R. 7484 are companion bills, which are identical versions of the same legislation introduced in both the Senate and the House. This allows lawmakers in both chambers to work on the proposal at the same time to help it pass more quickly.
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Cruz, Britt Seek to Raise Debit Card Fee Cap for Smaller Banks
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