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Federal Reserve Requests Comment On A Proposal To Lower The Maximum Interchange Fee That A Large Debit Card Issuer Can Receive For A Debit Card Transaction - Financial Services

On October 25, the Federal Reserve requested public comments on a notice of proposed rulemaking (the proposed rule) to lower the maximum interchange fee that a large debit card issuer can receive.

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Daily Financial Regulation Update -- Wednesday, October 25, 2023 | Paul Hastings LLP

October 24, 2023- The Federal Reserve Board, Federal Deposit Insurance Corporation, and Office of the Comptroller of the Currency jointly issued a final rule to modernize regula.

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