BPI and TCH Seek to Intervene in Corner Post Case Challenging Debit Interchange Limits
October 17, 2024
October 17, 2024
NEW YORK, Oct. 17 -- The Clearing House issued the following news release:
New York and Washington, D.C. -- The Bank Policy Institute (BPI) and The Clearing House Association filed a motion to intervene today in Corner Post, Inc. v. Board of Governors of the Federal Reserve System. Corner Post, a North Dakota truck stop, is challenging the Federal Reserve's 2011 rules governing debit interchange revenue established pursuant to the "Durbin Amendment" in the Dodd-Frank Act. . . .
New York and Washington, D.C. -- The Bank Policy Institute (BPI) and The Clearing House Association filed a motion to intervene today in Corner Post, Inc. v. Board of Governors of the Federal Reserve System. Corner Post, a North Dakota truck stop, is challenging the Federal Reserve's 2011 rules governing debit interchange revenue established pursuant to the "Durbin Amendment" in the Dodd-Frank Act. . . .