Bloomberg News

Retail Groups Sue Fed Over New Debit Card Rules for Banks

November 29, 2011

Nov. 22 (Bloomberg) -- Trade groups representing retailers sued the Federal Reserve in Washington federal court, challenging new regulations governing the fees banks charge merchants in debit card transactions.

To contact the reporter on this story: Tom Schoenberg in Washington at tschoenberg@bloomberg.net

To contact the editor responsible for this story: Fred Strasser at fstrasser@bloomberg.net


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