Cheney: Interchange Rule Stay Will Keep Order
Credit Union National Association President/CEO Bill Cheney said a Friday court decision to allow existing debit interchange fee cap rules to stay in place during an appeals means there will be an order in place that will provide certainty, at least for now.

The existing Federal Reserve rules implementing the debit interchange fee cap and network exclusivity provisions required by the Durbin Amendment will stay in place throughout an appeals process as the Fed seeks to overturn a July court ruling that declared those rules illegal. Read More
 


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