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Sen. Seeks Reform On Credit Card Interchange Fees

By Tina Peng (June 10, 2009, 12:00 AM EDT) -- On the heels of a similar measure in the U.S. House of Representatives, Sen. Dick Durbin, D-Ill., has introduced a bill that would allow federally appointed judges to determine interchange fees for credit card purchases — currently the subject of multidistrict antitrust litigation — if merchants and banks can't reach a deal....

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