WASHINGTON — Retail associations on Wednesday applauded President Obama's signing of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The new law will for the first time regulate debit-card interchange fees set by banks and credit-card companies. “Retailers and their customers are winners today,” said Leslie G. Sarasin, president and chief executive officer, Food Marketing Institute, in a prepared statement. “We applaud the President for signing this law to bring fairness and ...
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