Ill. Senate Republican Caucus: Feds Back Lawsuit Against Illinois Fee Ban
October 23, 2024
October 23, 2024
CHICAGO, Illinois, Oct. 23 -- The Illinois Senate Republican Caucus issued the following news on Oct. 22, 2024:
The federal government has stepped into the legal fight over a new Illinois law that could change how banks and credit unions handle transaction fees. The U.S. Office of the Comptroller of the Currency has filed an amicus brief supporting a lawsuit aimed at blocking the Illinois Interchange Fee Prohibition Act.
Passed earlier this year, the law would be the f . . .
The federal government has stepped into the legal fight over a new Illinois law that could change how banks and credit unions handle transaction fees. The U.S. Office of the Comptroller of the Currency has filed an amicus brief supporting a lawsuit aimed at blocking the Illinois Interchange Fee Prohibition Act.
Passed earlier this year, the law would be the f . . .