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Consumer Financial Products Loper Bright Enterprises v Raimondo Debit and Credit Card Transactions

Ballard Spahr LLP

ND District Court Invalidates Longstanding Debit Card Interchange Rule

Ballard Spahr LLP on

On August 6, 2025, in Corner Post, Inc. v Board of Governors of the Federal Reserve System, the U.S. District Court for the District of North Dakota (the “Court”) granted Corner Post’s motion for summary judgment, finding...more

Jackson Lewis P.C.

U.S. Supreme Court Holds Door Open to Challenge Federal Regulations

Jackson Lewis P.C. on

The U.S. Supreme Court has held that a federal regulation can be challenged on its face long after the rule is issued by an agency. Corner Post, Inc. v. Bd. of Governors of the Federal Reserve System, No. 22-1008 (July 1,...more

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