It's back.

Lobbyists for credit unions are back on the defensive over interchange fees as a result of measures recently reintroduced in Congress.

In the House, Judiciary Committee Chairman John Conyers (D-Mich.) and Rep. Bill Shuster (R-Pa.) introduced a measure allowing merchants to negotiate interchange with card issuers. It is similar to a bill passed by Conyers' committee last year but never considered by the full House. The bill specifically exempts federally chartered credit unions and all financial institutions that have less than $1 billion in assets.

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