Supreme Court agrees to hear debit card swipe fees case | Hilton Head Island Packet islandpacket.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from islandpacket.com Daily Mail and Mail on Sunday newspapers.
Supreme Court agrees to hear debit card swipe fees case yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
The Supreme Court agreed Friday to take up a case asking the Federal Reserve to lower the cap on debit card “swipe fees.” An amendment by Sen. Dick Durbin (D-Ill.) to the 2010 Dodd-Frank Act directed the Fed to set a “reasonable” cap on fees that banks charge merchants each time a customer swipes a…