Ben Bernanke

• Retailers Sue Fed Over Swipe Fees

  By Claude R. Marx  |  December 4, 2011

  Saying that the debit card swipe fees set by the Federal Reserve were neither reasonable nor proportional, the National Retail Federation and other groups have sued the agency.

• Retailers Sue Fed on Interchange Rule

  By Claude R. Marx  |  November 22, 2011

  Retail groups say Fed has failed to regulate swipe fees under intent of Dodd-Frank.

• Utah CEO Taking Western Bridge Fallout to Fed Meeting

  By Jim Rubenstein  |  October 21, 2011

  Utah First FCU's Darin Moody says impact of losing corporate needs to be considered at meeting with bankers and San Francisco Fed next week.

• House GOP Video Cites Durbin Amendment as Example of Costly Regulation

  By Claude R. Marx  |  October 11, 2011

  The added costs to consumers because of the Durbin amendment are the focus of a video by congressional Republicans.

• Debit Day Arrives: Interchange Cap Was a Long Time Comin’

  By Claude R. Marx  |  October 3, 2011

  It’s an arcane subject that is of concern mainly to financial institutions and retailers and one that rarely generates headlines. Last year, however, everything changed.

• Debit Cap Arrives: Interchange Cap Was a Long Time Comin’

  By Claude R. Marx  |  October 3, 2011

  It’s an arcane subject that is of concern mainly to financial institutions and retailers and one that rarely generates headlines. Last year, however, everything changed.

• Advantis CU's Ronald Barrick Named Vice Chair of Fed Panel

  By Jim Rubenstein  |  August 24, 2011

  Oregon CEO to help lead San Francisco-based Community Depository Institutions Advisory Council.

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  Interchange Rule Draws Flak

  By David Morrison  |  July 17, 2011

  The Federal Reserve's most recent update of its rule implementing the Durbin amendment makes it a bit better for most CUs but leaves most of their deep concerns about the measure untouched.

• Bernanke Says Economic Growth Will Be Modest This Year

  By Claude R. Marx  |  July 13, 2011

  Federal Reserve Chairman Ben Bernanke told lawmakers Wednesday that the economy is likely to grow at a tepid pace for the rest of 2011.

• Fed Almost Certain to Revisit Durbin Amendment Regulation, Executive Says

  By David Morrison  |  July 6, 2011

  Payment software executive notes that regulators around the world have generally had to tinker with debit regulations.