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In 2010, Congress capped fees for debit card networks so merchants don't get gouged by Visa and Mastercard. But the Fed stuck in a loophole for Discover. And that is leading Capital One to buy it.

United statesElizabeth warrenWilhelmina wrightStephen aschettinoJosh hawleyAmy klobucharMatt stollerDonald trumpDick durbinTina smithRichard fairbankCapital oneUs bankNational community reinvestment coalitionAmerican expressConsumer financial protection bureau