Sen. Dick Durbin, R-Ill., sent a letter to Jamie Dimon, CEO at JPMorgan Chase, regarding the proposed limits on fees for debit card transactions. "Clearly, debit interchange reform has displeased many in the financial services industry," Mr. Durbin wrote. "Your industry is used to getting its way with many members of Congress and with your regulators, and my amendment and the Federal Reserve's draft regulations were not written the way you wanted."

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