FT- WSJ
- Democrats Want a Lame-Duck Spending Blowout November 30, 2022And the Senate GOP might go along to get more defense dollars.
- The Rosetta Stone's Best Home Is the British Museum November 30, 2022A new controversy erupts over housing an ancient artifact.
- Americans Are Losing Trust in the Military November 30, 2022The rise of woke politics has undermined public confidence in the brass.
- Democrats Want a Lame-Duck Spending Blowout November 30, 2022
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
Posted in Publishing (Print & Online)
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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