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Strike Back: Appeals Court Overturns Interchange Fee Ruling

  • By Andrew Deichler
  • Published: 3/24/2014

Banks scored a big win last week as the D.C. Circuit Court of Appeals reversed a federal judge’s ruling last summer, which had struck down the Federal Reserve’s cap on debit interchange fees.The central bank set the cap at 21 cents per transaction in 2011, plus an additional 0.05 perce ...

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