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Nevada Federal Credit Union Letter to Mr. Bernanke - Electronic Payments Coalition
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Nevada Federal Credit Union Letter to Mr. Bernanke

The NFCU argues that the government should have no role in setting pricing for any free-market endeavor. Any activity in this direction creates an unnecessary constraint that inhibits growth, competition, and further investment critical to maintaining a healthy
economy. The proposed rule mandates a transfer of revenue from the banking sector to the merchant sector, with no consideration being given to the impact on the consumer.

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