Sen. Roger Marshall agreed not to advance a swipe-fee amendment during the crypto bill markup.
Lawmakers delayed committee discussions to build bipartisan backing and avoid political friction.
The White House and party leaders want a cleaner bill to improve chances of passage.
Republican Senator Roger Marshall intends to put his proposed credit card swipe fees amendment on the back burner as the Senate Agriculture Committee gears up for a markup of a significant crypto market structure bill. Legislators are determined to keep the bill’s scope on digital asset regulation rather than financial sector conflicts. Reports indicate Marshall privately agreed to step back after concerns emerged that the amendment could derail momentum behind the bill.
Marshall originally filed the proposal to increase competition around card network fees. However, negotiators feared the move would spark resistance from financial institutions and distract from crypto policy. This shift comes a
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