FT- WSJ
- Student Loan Forgiveness Is a Political Bribe June 29, 2022Buying votes for the Democratic Party is the only possible justification for such an unfair giveaway of taxpayer money.
- Fentanyl Use Is Empowering? June 29, 2022New York City’s Health Department delivers a deadly message.
- An Oil Price Cap for Russia? June 28, 2022Janet Yellen’s idea for a buyer’s cartel needs Putin’s cooperation.
- Student Loan Forgiveness Is a Political Bribe June 29, 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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