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House To Drop Repeal of Debit Swipe Fee Reforms from Choice Act

May 25, 2017

House To Drop Repeal of Debit Swipe Fee Reforms from Choice Act

Marking a major victory for retailers, Politico late yesterday announced that House Republicans plan to drop language from the Financial Choice Act that would have repealed the debit swipe fee reforms which have saved businesses and consumers billions since being implemented under the Dodd-Frank Wall Street Reform and Consumer Protection Act.