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Keyword Search Results

Fed

1. Press: New credit card rules will help rebalance lopsided system
   For the first time, credit cardholders will have new protections against some of the most unfair and costly industry practices. New federal rules will reduce abusive interest rate increases, limit late fee traps and allocate…
2. Press: Fed seeks to cut fees banks charge retailers for debit card purchases
   In a move that could cut profits for banks and other financial institutions, the Federal Reserve Board has proposed slashing the fees retailers pay for debit card transactions by up to 90%. Banks and transaction…