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Fed expects to get $440M in fees from 70 firms

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WASHINGTON (AP) — The Federal Reserve says it expects to collect $440 million in fees from 70 big banks and other financial firms to help cover its costs of supervising them. The Fed provided the estimate in announcing it had finalized a rule providing for the annual fees. The fees are intended to help defray the costs of expanded regulation, which the Fed gained under the 2010 financial...