Lawmakers' bill aims to repeal "swipe fee" rules:

Reps. Jason Chaffetz, R-Utah, and Bill Owens, D-N.Y., are working on legislation that would repeal the Federal Reserve's rules limiting fees on debit card transactions. "When consumers are starting to feel the effect of the repercussion of the Durbin amendment we should do something," Mr. Chaffetz said. "These legislatively enacted price controls have compelled banks to charge consumers higher and in some cases new fees to make up for lost revenue."

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