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WASHINGTON—Debit card usage continued to grow in 2023, though at a slower pace than in prior years, according to a new Federal Reserve report that highlights rising fraud exposure, shifting cost burdens, and persistent disparities between large and small financial institutions.

WASHINGTON--The Defense Credit Union Council praised Sens. Alex Padilla (D-Calif.) and Kevin Cramer (R-N.D.) for reintroducing the CLF legislation (S. 3575), noting that the measure includes updated language previously approved by the Senate and incorporated into the Senate-passed National Defense Authorization Act.