A tug-of-war over $16 billion in debit-card interchange fees appears to have been won by merchants Wednesday. An effort in the U.S. Senate to delay the start of the new fees by a year — backed by ...

Justices Ketanji Brown Jackson, Sonia Sotomayor and Elena Kagan gave the dissenting votes on the swipe-fee decision. The Fed rule came out of the 2010 Dodd-Frank Act, which included a provision ...

Recently, JPMorgan Chase reported that net profits for the third quarter of 2025 were up 11.6% year over year and totaled $14 ...

The National Retail Federation this week asked the Federal Reserve to lower the five-year-old cap on debit-card swipe fees, saying it was higher than Congress intended. “In most cases, 24 cents per ...

— -- When gas prices edged above $4 a gallon earlier this spring, the Merchants Payments Coalition, a group that represents retailers, said "hidden fees" charged by banks and card processing ...

Price says proposed debit rules don't cover bank costs Debit interchange fees key part of Dodd-Frank Act CHARLOTTE, N.C./NEW YORK, Jan 5 (Reuters) - The Federal Reserve's proposed caps on fees that ...