Released: March 23, 2014
Court reverses ruling on swipe fees in favor of banks
Source: Danielle Douglas - The Washington Post
In a victory for the banking industry, a U.S. appeals court on Friday struck down a district court decision that ordered the Federal Reserve to rewrite its rules governing fees that banks collect each time a debit card is swiped.
Read Full Article: Court reverses ruling on swipe fees in favor of banks