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Fed Swipe Fees

Federal Judge Strikes Down Federal Reserve's 'Swipe' Fee Rule

AP | MARCY GORDON | Posted 07.31.2013 | Business

WASHINGTON -- A federal judge has struck down a rule setting a cap on the fees that banks can charge merchants for handling debit card purchases. He s...

Federal Reserve Poised To Set Higher-Than-Expected Cap On Swipe Fees

Posted 08.29.2011 | Business

(AP) WASHINGTON — The Federal Reserve said Wednesday that banks can only charge retailers 21 cents each time they swipe a debit card. The board r...