Democrat backs credit card transaction fee bill

Thu May 15, 2008 2:16pm EDT
 
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The bill has little chance of becoming law this year due to Republican opposition and the dwindling number of congressional work days left before the November election.

Conyers's bill would apply only to the dominant electronic payment companies -- Visa and MasterCard.

(Reporting by John Poirier; editing by John Wallace)

 
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