Showdown on ‘Swipe Fees’ Likely Soon – NYTimes.com


Retailers, who say the fees cut their profits, oppose the delay, as does Senator Dick Durbin, the No. 2 Democrat in the Senate who pushed for the fee cut last year and has continued to champion it. Banks and their allies have fought an uphill battle even to get a vote to delay the proposed rules.

via Showdown on ‘Swipe Fees’ Likely Soon – NYTimes.com.

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