Pols Suggest Delay in Debit-Fee Rules

WASHINGTON — Some Congressional lawmakers suggested Thursday that the Federal Reserve delay implementation of rules that could cap the fees retailers pay for accepting debit cards, according to reports.

WASHINGTON — Some Congressional lawmakers suggested Thursday that the Federal Reserve delay implementation of rules that could cap the fees retailers pay for accepting debit cards, according to reports.

The Fed has proposed a 12-cents-per-transaction cap as one method of regulating debit-card interchange fees, a solution that banks and debit-card issuers strongly oppose. In arguments before the House Financial Services Committee's financial institutions subcommittee, bank repre

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