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Financials | RECENT ARTICLES | EDITOR'S PICKS

Financials Friday: Banks Hope Delay on Debit Card Rule Signals Fed Wavering; Trump Advisor Proposes Appointing ‘Shadow’ Fed Chair to Undercut Powell; TD Bank Pays $3 Billion and Caps Assets to Settle Money Laundering Charges; Real Estate Broker Warns of ‘Catastrophic’ Litigation if Industry Abandons Mandatory MLS Listings

It’s been nearly a year since the Federal Reserve proposed lowering the costs of debit card swipe fees and big banks hope the delay might mean the proposal is in trouble. The Fed capped swipe fees at 21 cents plus a small fraction of the transaction amount back in 2011. For more than a decade, […]

Oct 11, 2024 Read Now >