NAFCU, CUNA say regulatory impact is real and growing, despite NCUA testimony on Tuesday.
After nine months of uncertainty regarding the minimum number of required debit networks and other details, the Fed's rule will not change.
PowerComment.org will provide information on regs, tools for comment.
Trade association officials say NCUA's public listening sessions are a good sign the regulator will listen to industry input.
CUNA President/CEO Bill Cheney earned $1.34 million in 2012, according to the organization’s 990 tax forms released Aug. 15.
CUNA President/CEO Bill Cheney earned $1.34 million in 2012, according to the organization’s 990 tax forms.
Judge raised the possibility of ordering card issuers to pay merchants while he gave Fed another week to explain how it would amend cap rule.
Whether or not the Federal Reserve can or will appeal the July 31 court decision that overturned two-thirds of its debit interchange regulation hinges on several unresolved legal questions.
A U.S. District Court judge gutted the Federal Reserve’s debit card regulatory regime July 31, ruling the Fed rule disobeyed the law and ordering the regulator to rewrite it.
Judge didn't hint outcome in oral arguments. Unresolved questions - including legal standing - about ability to appeal.