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Credit Union Journal

Thursday, May 17, 2012, as of 02:38 AM EDT

Fed Compromise On Debit Could Jeopardize Bid To Delay Price Cap

Credit Union Journal Daily Briefing  |  Tuesday, May 10, 2011

WASHINGTON – The Federal Reserve is planning to amend its proposal to cap debit fees at a higher rate, setting a compromise in the heated controversy between merchants and banks and credit unions while at the same time threatening efforts by banks and credit unions to delay implementation of the...

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