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Lawmakers won't repeal debit swipe-fee reform

from Convenience Store News

The retail community is breathing a collective sigh of relief as news spreads that the federal legislators have decided to keep debit swipe-fee reform in place. According to a report by Politico, leaders in the U.S. House of Representatives will remove language eliminating the cap on debit card swipe fees from the Financial CHOICE Act, a Republican-led bill to revamp financial reform that would repeal the Dodd-Frank Wall Street Reform and Consumer Protection Act. more


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