Durbin Amendment Heats Up

Senator Tester appeared on CNBC this morning once again calling for a delay in the implementation of the Durbin Amendment, a period of study to fully understand the ramifications of the bill and then a proper, informed decision making process.  He notes that there were law makers on both sides of the aisle that voted for the amendment and that the intentions were good, but uninformed.  He says he is confident that he will get the 60 votes for his "Delay and Study" bill and that he has support from both parties for this. 

Both Visa and MasterCard are trading higher on the news this morning.