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Published June 08, 2011, 04:27 PM

Merchants beat bankers in Senate debit card vote

WASHINGTON — Merchants triumphed over bankers in a battle for billions Wednesday as the Senate voted to let the Federal Reserve curb the fees that stores pay financial institutions when a customer swipes a debit card. It was murkier, however, whether the nation's consumers were winners or losers.

By: Associated Press, INFORUM

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