“Federal Deposit Insurance Corp. Chairman Sheila Bair assailed the debit-card provision. ‘I think the likelihood of this hurting community banks and requiring them to increase the fees they charge for accounts is much greater than any tiny benefit retail customers maybe get from any savings.'”
More Updates
Federal Reserve Chairman Ben Bernanke Acknowledges that Federal Reserve Debit Card Rule Could Hurt Consumers, Small Financial Institutions
Electronic Payments Coalition
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Press Releases / Statements
Interchange Price Cap Rule
The Hill
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Op-Ed
Brawl over debit fees continues at hearing
Wall Street Journal
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General