Legal battle continues over Federal Reserve's interchange rules stemming from Dodd-Frank.
Senate Majority Leader Harry Reid delays vote on Janet Yellen confirmation to after the new year begins.
NCUA and five other regulators extend comment period on proposed new standards to Feb. 7.
Fed Open Market Committee could raise that possibility if rates move down again in December.
The case deciding whether credit unions will have to reissue their debit cards inched closer to a conclusion Nov. 20.
NAFCU expresses appreciation for Yellen's "openness" as bid to succeed Ben Bernanke heads to full Senate.
The Federal Reserve has always kept a focus on the integrity, efficiency and accessibility of the payments system in the United States. We have largely pursued this mission in the context of our function as an operator in the interbank market.
Fed nominee says larger banks in line for more regulation.
The ongoing fight over federal debit interchange regulations entered its newest round Oct. 21 as the Federal Reserve filed its appeal that seeks to reverse a July 31 District Court decision overturning its current rule.
Trades join bank associations in filing, say that original rule was bad and made worse by July court ruling.