Tuesday, June 7, 2011

6-Month Delay of Fed’s Debit-Card ‘Swipe’ Fee Rules Weighed by Senators

A Federal Reserve rule capping debit- card “swipe” fees set by Visa Inc. (V) and MasterCard Inc. (MA) would be delayed at least six months under a plan being crafted in the U.S. Senate, said two people with direct knowledge of the talks....read more at Bloomberg

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