House, Senate Leaders Agree on Credit-Card Fees

WASHINGTON — Senate and House leaders reached an agreement Monday that paves the way for credit- and debit-card interchange fees to be regulated for the first time.

WASHINGTON — Senate and House leaders reached an agreement Monday that paves the way for credit- and debit-card interchange fees to be regulated for the first time.

The Senate had previously agreed to an amendment to the Restoring American Financial Stability Act of 2010 that would require debit-card interchange fees charged by major banks to reflect the actual costs of processing the transactions, but the House version did not have such language.

The compromise, led by

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