June 02, 2014
Retailers still smarting from the D.C. Circuit's decision upholding the Federal Reserve's debit card interchange fee rules intend to appeal that decision to the U.S. Supreme Court, an attorney representing the retailers said Monday.
March 21, 2014
The D.C. Circuit on Friday upheld the Federal Reserve's rules for debit card transaction fee limits, handing retailers a major defeat by overturning a lower court ruling that vacated the Fed's instructions.
October 22, 2013
The Federal Reserve on Monday asked an appellate court to uphold its interchange fee rule, saying it had carried out with "complete fealty" Congress's mandate to lower the price and increase the routing options for consumers' debit card purchases.