those were costs not specific to a particular debit transa. as mark alluded to in his presentation, that would include corporate overhead, audit, billing department, hr department, those kinds of costs. what the board is allowed to consider are the costs that are specific to particular debit card transactions. those would include the costs the board proposed to permit as allowable costs. the authorization clearance and settlement, which the statute in fact requires the board to consider. but then a range of other costs that are also specific to particular transactions. and we considered those, and we looked at the data we had on those. some are included in the final rule and some are not. for example, fixed costs of software, hardware, that goes towards affecting a particular transaction. those are included in the proposed fee standard. other costs such as rewards, customer inquiries, arguably they are particular to specific transactions, but for the reasons we laid out in the federal registry notice, those were not included in the interchange

amendment didn't was too narrow, suburban amendment didn't take into account anything but again the transaost of adding one transaction on top of an infrastructure that built you had already built.op there is no business that can operate that way. the presiding officer used to be part of a weekly broadcast, andcrementa if all you charges the broadca incremental cost of that going out and being broadcasters to other television stations aroundld the country and that is the only cost you could get there is no way that our presiding officer that would have been known to americaucceed because this the way the operation could have succeeded. those people who supported the a amendment during the debate are pretty never hearing pretty major issues to never have a hearingat the height in the banking committee, but to pass at the height of the time we when many good people in this so, country were upset rightfully so with some of the larger players up, in our financial system people a have woken up and realize that p this is a reolally bad piece of policy but if we tweet get the retailers and up wit

those were costs not specific to a particular debit transa. as mark alluded to in his presentation, that would include corporate overhead, audit, billing department, hr department, those kinds of costs. what the board is allowed to consider are the costs that are specific to particular debit card transactions. those would include the costs the board proposed to permit as allowable costs. the authorization clearance and settlement, which the statute in fact requires the board to consider. but then a range of other costs that are also specific to particular transactions. and we considered those, and we looked at the data we had on those. some are included in the final rule and some are not. for example, fixed costs of software, hardware, that goes towards affecting a particular transaction. those are included in the proposed fee standard. other costs such as rewards, customer inquiries, arguably they are particular to specific transactions, but for the reasons we laid out in the federal registry notice, those were not included in the interchange