Not good news for anyone that was hoping repeal/reform of debit interchange limit might bring back debit rewards cards. From Politico:
House Republican leaders will drop language from a sweeping bank deregulation bill that would have eliminated a cap on debit card swipe fees, handing a major victory to retail lobbyists who spent months trying to kill the provision.
GOP leaders decided to remove the proposal from the nearly 600-page Financial CHOICE Act after confirming Wednesday that it threatened support for the rest of the bill, multiple senior Republican sources familiar with the matter said.
More:
http://politi.co/2qXosW1