On October 8th, the House Financial Services Committee held hearings on H.R. 2382, the Credit Card Interchange Fees Act of 2009, which would limit the fees that banks charge merchants for processing credit card payments, and H.R. 3639, the Expedited CARD Reform for Consumers Act of 2009, which would move up the effective date for the recently passed Credit Card Accountability Responsibility and Disclosure Act of 2009. On October 9th, the Washington Post reported that Committee Chairman Barney Frank may have used the hearings to warn banks against resisting additional financial reforms. Hearings.