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ABA, major financial trade groups urge rewrite to interchange proposal

The ABA and several otehr major financial trade groups, including the Independent Community Bankers of America (ICBA), Consumer Bankers Association (CBA) and Credit Union National Association (CUNA), have banded together in an unprecedented coalition to urge the the Federal Reserve in a comment letter to revise its proposed interchage fee rule.

You can read the letter by clicking here.

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