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Hawkeye Reporter

Wednesday, October 1, 2025

Hawkeye Reporter News Service News

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Defense Credit Union Council to Sens. Grassley, Ernst: 'The Credit Card Competition Act is a misnomer—it does nothing to enhance competition'

By Hawkeye Reporter News Service | Apr 4, 2025

The Defense Credit Union Council, which represents U.S. military credit unions, sent a letter to Iowa's U.S. Senators in opposition to proposed credit card regulations pending in the U.S. Senate.

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Iowa Credit Union League one of 48 state credit union groups to oppose Durbin-Marshall credit card bill

By Hawkeye Reporter News Service | Apr 1, 2025

Iowa Credit Union League (ICUL) is one of 48 state credit union groups to oppose the "Credit Card Competition Act.”

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Iowa Bankers Association one of 50 state banking associations to oppose Durbin-Marshall credit card bill

By Hawkeye Reporter News Service | Mar 12, 2025

The Iowa Bankers Association {IBA} is one of fifty state banking associations to oppose the "Credit Card Competition Act."

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Economist: Credit card bill opposed by IA bankers ‘should really be called the Credit Card Anti-competition Act’

By Hawkeye Reporter News Service | Feb 14, 2025

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 IA bankers say regs could ‘torpedo’ credit card rewards

By Hawkeye Reporter News Service | Feb 10, 2025

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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Payments Group ‘applauds Congress for repudiating the experimental, draconian’ credit card regs opposed by Iowa bankers, credit unions

By Hawkeye Reporter News Service | Dec 26, 2024

The Electronic Payments Coalition (EPC) said this week that it "applauds Congress" for ending the 118th Congress' legislative session without passing the "Credit Card Competition Act of 2023" (CCCA), a bill that is opposed by the Iowa Bankers Association (IBA) and Iowa Credit Union League (ICUL).

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Iowa one of 30 states that allows copay accumulators

By Hawkeye Reporter News Service | May 28, 2024

Iowa is one of thirty states that allows copay accumulators.

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Report: Iowa ranked No. 40 for per-capita credit card fraud reports in 2023

By Hawkeye Reporter News Service | Apr 25, 2024

Iowa ranked No. 40 in the country for per-capita credit card fraud reports in 2023.