Bernanke Says Fed Uncertain on Small-Bank ‘Swipe’ Fee Exemption – Bloomberg


Federal Reserve Chairman Ben S. Bernanke told lawmakers the central bank’s governors are uncertain that an exemption for lenders with less than $10 billion in assets from its proposed caps for debit-card “swipe fees” will help the smaller lenders.

via Bernanke Says Fed Uncertain on Small-Bank ‘Swipe’ Fee Exemption – Bloomberg.

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