Retail fights for #swipefees cap – Chris Frates –

Retailers and merchants — who supply one in five U.S. jobs and account for about two-thirds of the nation’s economic activity — are pushing lawmakers to oppose legislation sponsored by Sen. Jon Tester (D-Mont.) that would delay new rules proposed by the Federal Reserve to limit how much banks, credit unions and other financial services companies can charge merchants who accept debit cards.

via Retail fights for swipe fee cap – Chris Frates –


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