Louisiana Bankers Association
Recent News About Louisiana Bankers Association
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Economist: Credit card bill opposed by LA bankers ‘should really be called the Credit Card Anti-competition Act’
An economist with the International Center for Law & Economics (ICLE) said that credit card regulations proposed in Congress would reduce competition among credit card issuers.
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NerdWallet Editor: Opponents of credit card regulations opposed by LA bankers say regs could ‘torpedo’ credit card rewards
The managing editor of a financial services website wrote that opponents of credit card regulations proposed in Congress said the regulations could “torpedo” credit card rewards programs.
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Louisiana Credit Union Association: Federal credit card legislation ‘threatens to disrupt the financial ecosystem that supports Louisiana’s communities’
A spokesperson for the Louisiana Credit Union Association (LCUA) said an analysis released earlier this month shows that proposed federal credit card regulations backed by U.S. Sen. Josh Hawley (R-Mo.) would be "bad policy" for the state's banks and consumers.