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Banking Industry Unites on ‘Swipe’ Fees, Presses Fed for Changes - Electronic Payments Coalition
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Banking Industry Unites on ‘Swipe’ Fees, Presses Fed for Changes

| Bloomberg

“‘With virtually unprecedented unanimity, every major bank and credit union trade association is writing to express opposition to the rule proposed by the Board of Governors of the Federal Reserve system,’ the groups said in the letter, which termed the Fed proposal ‘legally defective.'”

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