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2024

The Supreme Court’s ruling on ‘swipe fees’ could make it easier for businesses to challenge federal rules

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Swipe fees reimburse banks for costs involved in offering debit cards.

The U.S. Supreme Court was expected on Monday to decide a case involving a legal challenge to a Federal Reserve regulation on debit card “swipe fees” in a ruling that could make it easier for businesses to try to overturn longstanding federal rules.