Merchants Face Uncertain Consequences in Lifting of Debit Card Swipe Fees
Even though a federal judge has vacated the Federal Reserve’s cap on debit card swipe fees, the issue remains far from settled. If the cap is ultimately suspended, the merchants who brought the suit could end up facing even higher transaction costs. In the case, the judge granted summary judgment in a 2021 federal lawsuit […]
The Quagmire of Avoidable Friction
This is a happy story: I recently bought a travel trailer, a lightweight, 16-foot model I dubbed Tony Roamo, a nod to the quarterback-turned-TV analyst, with a spelling that reflects what I intend to do with my new toy. This is a common story: I threw in a down payment and financed the rest. The […]