Anyone care to offer an economic rationale for this?
…the bill gives the Federal Reserve the ability to set a limit on the fees that stores must pay to accept debit cards. The catch here, though, is that only banks with more than $10 billion in assets would be subject to the cap. As a result, merchants may have to pay more to accept debit cards from smaller banks and credit unions than big banks like Bank of America and Chase.

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Friday ~ June 25th, 2010 at 9:10 am
geaugailluminati
you mistake is looking for anything rational to come out of congress..
Friday ~ June 25th, 2010 at 9:42 pm
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