Thursday, June 9, 2011

In Fight Over Debit Card Fees, a Loss for the Banks

Yay! The banks finally lose a point in the ongoing battle to bring their business under control and better protect the rights and interests of consumers. In this case, the Senate refused a motion to delay implementation of a Dodd-Frank law to reduce debit card fees charged to merchants. This is a step in the right direction.
http://www.propublica.org/blog/item/in-fight-over-debit-card-fees-a-loss-for-the-banks

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