The case deciding whether credit unions will have to reissue their debit cards inched closer to a conclusion Nov. 20.
Merchants defending U.S. District Court Judge Richard Leon's decision overturning the Federal Reserve's Debit Interchange Regulation filed arguments defending Leon's decision before U.S. Court of Appeals for the District of Columbia Circuit.
In many ways, the appeal briefs paralleled the arguments presented to the lower court, but significantly, the merchants were more explicit about not necessarily demanding debit issuers reissue their existing cards.
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