Retailers Sue Fed Over Debit Fees

WASHINGTON - Three industry associations, including Food Marketing Institute, filed a lawsuit in federal court here Tuesday saying the Federal Reserve failed to follow the requirements of last year's sweeping financial reforms when it set a cap on debit-card fees this year.

WASHINGTON - Three industry associations, including Food Marketing Institute, filed a lawsuit in federal court here Tuesday saying the Federal Reserve failed to follow the requirements of last year's sweeping financial reforms when it set a cap on debit-card fees this year.

Register to view the full article

TAGS: News