Senate Votes to Limit Debit Fees

Finance Reform

Surprise move could inject billions into retail.

Published May 15 2010 3:18AM EDT

cheats/2010/05/15/senate-votes-to-limit-debit-fees/senate-votes-to-limit-debit-fees_swnzfv — Joe Raedle / Getty Images

The Senate continued its surprise populist turn on financial reform Friday, voting for limits on fees charged to stores by banks on credit- and debit-card transactions.

Senate Votes to Limit Debit Fees

Surprise move could inject billions into retail.

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