For more info visit newsinfusion.com June 7, 2010 – The financial reform bill being debated in the Senate represents the largest rewrite of the rules governing Wall Street since the 1930s. And it could come up for a vote any day now. As the bill is volleyed back and forth across the aisle, amendments are written to enable its passage. The bill, in its current form, contains one amendment in particular that would have a major impact on the way consumers use their debit cards. This amendment would allow the federal government to limit debit card acceptance fees for retailers – and would allow retailers to set arbitrary minimum and maximum payment restrictions for consumers who want to use their cards. Consumers could be forced to carry cash to be sure they won’t be stranded at the register – and consumers could also see their fees go up and their rewards go down. Spokesperson for the Electronic Payments Coalition (EPC), Trish Wexler, will discuss the effect of the amendment on consumers, and the possibility of the amendment being included in the final bill. Trish Wexler is the national spokeswoman for the Electronic Payments Coalition, representing Visa, MasterCard, American Express, card issuers from credit unions and banks, and card processors. Wexler has appeared on CNN, AP Television, NPR, and WTOP to speak about the issue of interchange – what merchants pay to accept cards – and the impact that this debate will have on consumers. Wexler has also been quoted in hundreds of print and online media outlets as the go-to source on interchange fees – including The Wall Street Journal, The New York Times, and The Washington Post.