Financial Bill Includes Interchange Regulations

The House and Senate agreed on a massive financial reform package early Friday morning that will include federal oversight of debit-card interchange fees for the first time.

WASHINGTON — The House and Senate agreed on a massive financial reform package early Friday morning that will include federal oversight of debit-card interchange fees for the first time.

The compromise version of the Restoring American Financial Stability Act of 2010 is expected to go before a full vote in both houses of Congress within days. It includes an amendment that requires debit-card issuers to set interchange fees at levels that reflect the actual cost of processing tr

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