Dodd Frank Financial Reform Law news and trends

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Visa and Mastercard Shares Take a Hit as Fed Weighs Fee Reduction

October 18, 2023
Shares in Visa and Mastercard took a hit on Wednesday (Oct. 18) as news broke that the Federal Reserve is expected to propose a reduction in the fees banks can charge retailers for processing debit card transactions. This development has sparked concerns among investors and industry players, leading to a 1% dip in the early trading of Visa and Mastercard shares, according to […]