FT- Hong Kong Covid-19 wave traced to socialites’ love of the cha-cha November 28, 2020Rich businesswomen and ‘tai tais’ caught coronavirus at elite dance clubs
- Record-setting bitcoin faces test after volatile week November 27, 2020Investors reel after cryptocurrency sets all-time high before slumping
- ‘Boy, did we screw up’: 12 rules for repentance November 27, 2020In his new book, US billionaire Charles Koch seems remorseful of his hyper-partisanship
- Hong Kong Covid-19 wave traced to socialites’ love of the cha-cha November 28, 2020
- WSJ
- Who Is an American 'Person'? November 27, 2020The Supreme Court considers the Census and undocumented immigrants.
- Home Is No Haven for Iran's Regime November 27, 2020The killing of a top nuclear scientist dramatizes the ayatollahs’ domestic vulnerability.
- Biden, Iran and the Bomb November 27, 2020Will he throw away Trump’s Mideast gains to return to a bad nuclear deal?
- Who Is an American 'Person'? November 27, 2020
Monthly Archives: August 2013
Next Steps in the Durbin Litigation
On 31st July, 2013 the District of Columbia trial court invalidated the Federal Reserve Board’s Durbin regulation, suspending the swipe fee regulation in a cloud of open-ended questions. In an exclusive interview with PYMNTS.com, Ronald Mann, Albert E. Cinelli Enterprise … Continue reading
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Tagged banking, central bank, Durbin Amendment, Fed, financiallaw, law, litigation, regulation
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Rejection of Fed Interchange Fee Caps Roils Debit Business
“We urge the Federal Reserve to pursue all legal means to mitigate the harm this decision will cause to consumers, community banks and all institutions that provide financial services to local communities. The Durbin Amendment and the court’s interpretation will … Continue reading
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US Judge rejects Fed’s Durbin Amendment
‘The Fed didn’t have the authority to set a 21-cent cap on debit-card transactions’, U.S. District Judge Richard Leon in Washington, rejected the Dodd-Frank imposed rules governing ‘swipe fees’, in a ruling today morning. In his 58-page ruling, Leon asserted, “The … Continue reading
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