Following a press conference Monday morning with leaders from Delaware’s financial sector, Sen. Spiros Mantzavinos and Rep. Bill Bush filed legislation to modernize Delaware’s banking laws while safeguarding consumers in today’s rapidly-evolving financial landscape. “In 1981, our predecessors in the General Assembly passed the Financial Center Development Act, paving the way for Delaware to become the ‘credit card capital’ of the nation. That was decades ago — and much has changed in our financial sector in that time,” said Sen. Mantzavinos, chair of the Senate Banking, Business, Insurance & Technology Committee. ... (full story)