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Federal Reserve Must Scrap 21-Cent Cap on Debit Card Swipe Fees, US Appeals Court Says
2026-10-27 22:27 UTC by Law.comAlyssa Aquinohttps://feeds.feedblitz.com/-/972033479/0/law/legal-news.jpgBanking and Finance Laws/Civil Appeals/Consumer Protection/State and Local Government/News

The Federal Reserve had improperly factored in banks' fixed costs when deciding the maximum they could charge to process debit transactions, according to the Eighth Circuit.

       

 

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