Federal Reserve Chairman Ben Bernanke again told lawmakers Thursday that “there are good reasons” to be concerned about whether the exemption for small debit card issuers on the debit interchange rule could work.

“It’s going to affect revenue of small issuers. And it could result in some smaller banks being less profitable or even failing,” Bernanke told the Senate Banking Committee in response to questions from Sen. Jon Tester (D-Mont.)

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