Fed's Raskin on debit card reform
Sarah Raskin, a governor on the Federal Reserve board, on Thursday discussed provisions from the Dodd-Frank Act to implement regulatory reforms in the debit card industry in the United States.
Speaking to the House Committee on Financial Services in Washington, Raskin said: "Provisions of the Dodd-Frank Act and the Board's implementing regulations may result in significant market changes. The nature of these changes is subject to debate, and the banking industry, the retail community and
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