Fed hands banks a win with debit card rule - The Hill's On The Money

Banks might have lost the broader war over debit-card fees, but they scored a small victory Wednesday when the Federal Reserve proposed a fee less severe than originally intended.

The central bank’s decision brought to a close a long and contentious lobbying battle on Capitol Hill.

Fed hands banks a win with debit card rule - The Hill's On The Money

Blogged with the Flock Browser