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Retailers launch litigation on interchange fees, bankers claim lawsuit is disgraceful

  • Stinson Leonard Street LLP
  • -
  • USA
  • -
  • November 26 2011

The National Retail Federation, the Food Marketing Institute, the National Association of Convenience Stores and two retailers filed a lawsuit in federal court today saying the Federal Reserve failed to follow key requirements of a 2010 law when it adopted a flawed cap on debit card swipe fees that took effect this fall

CFPB proposes rule to supervise consumer debt collection and consumer reporting markets

  • Stinson Leonard Street LLP
  • -
  • USA
  • -
  • February 18 2012

The Consumer Financial Protection Bureau, or CFPB, has announced a proposed rule to include debt collectors and consumer reporting agencies under its nonbank supervision program