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Banks, retailers clash over move to cap debit card 'swipe fees'

from PBS Newshour

VideoBriefBanks, retailers and lawmakers are preparing for a showdown over hidden "swipe fees" banks charge retailers when consumers make debit card purchases. Judy Woodruff talks with the American Bankers Association's Nessa Feddis and the National Retail Federation's Mallory Duncan about the battle over fees and the impact on consumers. more

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