Court rules Fed must re-write debit interchange fee cap
October 27, 2026
October 27, 2026
WASHINGTON, Oct. 27 [Category: Financial Services] -- America's Credit Unions posted the following news:
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Court rules Fed must re-write debit interchange fee cap
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The Eighth Circuit Court of Appeals ruled in Corner Post v. Board of Governors of the Federal Reserve System Monday that the Federal Reserve improperly factored certain fixed bank costs into calculations for its Regulation II proposal setting debit card interchange caps und . . .
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Court rules Fed must re-write debit interchange fee cap
*
The Eighth Circuit Court of Appeals ruled in Corner Post v. Board of Governors of the Federal Reserve System Monday that the Federal Reserve improperly factored certain fixed bank costs into calculations for its Regulation II proposal setting debit card interchange caps und . . .