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Interchange fee limit battle brings ‘cats and dogs’ together

Natural rivals, community banks and credit unions surprise Congress members by unifying against cap on debit card interchange fees Politicians are used to some strange bedfellows—but the sight of bankers and credit union advocates strolling the halls of Congress side by side recently caused some double-takes. That was the case when Cam Fine, president and CEO of the Independent Community Bankers of America, and Bill Cheney, president and CEO of the Credit Union National Association, paid a tandem visit to Sen. Susan Collins (R-Maine) in April. “Senator Collins was so shocked that she looked at both of us at the table and said, ‘I need to get a photographer in here to get a… Read More