Visa, MasterCard Plunge As Fed Issues Rules To Cut Debit Fees
Ben S. Bernanke, chairman of the U.S. Federal Reserve, from left, Janet Yellen, vice chairman, and Fed governors Kevin Warsh, Elizabeth Duke, Daniel Tarullo, and Sarah Bloom Raskin attend an open meeting of the Federal Reserve Board in Washington, D.C., U.S., on Thursday, Dec. 16, 2010. Visa Inc. and MasterCard Inc. plunged more than 12 percent in New York trading after the Federal Reserve Board proposed rules that may slash debit-card interchange fees by 90 percent. Photographer: Joshua Roberts/Bloomberg via Getty Images
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107637939
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Bloomberg
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16 December, 2010
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FED DEBIT CARDS
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