Washington, DC Articles

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Could Retailers Get Repaid for Debit Fee Overcharges?

August 16, 2013

Could Retailers Get Repaid for Debit Fee Overcharges?

The judge who rejected the Federal Reserve’s regulations governing debit fees under the Dodd-Frank Wall Street Reform and Consumer Protection Act gave the Federal Reserve just one more week to come up with a position on interim fee reductions and a timeline for permanently installing new lower fees. He also suggested that retailers should be repaid by financial services companies for millions of dollars in overcharges.

States Continue to Propose Tax Changes to Fund Infrastructure

June 3, 2013

States Continue to Propose Tax Changes to Fund Infrastructure

At least 18 state legislatures have either passed tax increases this year to fund infrastructure or are considering it.