07/02/2024

In a New Blow to Federal Regulators, SCOTUS Rules for a North Dakota Truck Stop

The ruling was partisan, once again 6-3

On Monday, the Supreme Court of the United States (SCOTUS) opened the door to new, broad challenges to regulations long after they take effect, the third blow in a week to federal agencies.

The justices ruled 6-3 in favor of a truck stop in North Dakota that wants to sue over a regulation on debit card swipe fees that the federal appeals court in Washington upheld 10 years ago.

Federal law sets a six-year deadline for broad challenges to regulations. In this case, the regulation from the Federal Reserve governing the fees merchants must pay banks whenever customers use a debit card took effect in 2011.

Please select this link to read the complete article from The Associated Press.