On June 29th, the Eighth Circuit allowed the Federal Reserve Board to implement rules limiting debit card swipe fees as required by the Dodd-Frank Act. Petitioners challenged the limits on due process and equal protection grounds and sought to preliminarily enjoin the Board from implementing the rules. The district court denied the motion holding that petitioner is unlikely to prevail on the merits and the Eighth Circuit affirmed. TCF National Bank v. Bernanke.