August 07, 2025
A North Dakota federal judge has invalidated the Federal Reserve's regulation limiting certain debit card fees charged in merchant transactions, ruling in favor of a truck stop and convenience store in finding that the Fed had attempted to "improperly repackag[e] the defunct-Chevron deference under a different name."
June 16, 2025
Two banking industry groups received a North Dakota federal judge's permission Monday to present the perspective of banks when he holds a key hearing next month to mull a retailer-backed legal challenge to the Federal Reserve's limits on debit-card swipe fees.
July 06, 2021
A pair of trade associations were too late in suing the Federal Reserve Board over its debit-card interchange fee rules, the board told a North Dakota federal court in asking that the suit be tossed.
April 30, 2021
A pair of North Dakota trade associations filed a lawsuit against the board of the Federal Reserve Board on Thursday, saying the board has allowed unreasonable debit card processing fees to go unchecked for a decade, contrary to congressional intent.