Senate Votes on Allowing Fed to Limit Banks' Swipe Fees

http://www.salon.com/news/bank_reform/?story=%2Ftech%2Fhtww%2F2011%2F06%2F08%2Fthe_banks_lose_a_battle

"News flash: The big banks do not actually own the Senate." :lol:

My joke has been ruined!:cry:

Seems like a good idea, getting a bit of pressure of of business should help.

Wait. Merchants pay for credit card swipes. The banks pay for debit swipes. I don't understand this as it seems backward.LJS9502_basic