Federal Reserve System
central banking system of the United States
Policy Brief
The Debit Card Cap Goes Back to the Fed
The Eighth Circuit has set aside the Federal Reserve’s 21-cent debit card fee cap and ordered a rewrite built on marginal cost, a conflict with the D.C. Circuit that a ruling for the Board in Linney’s…
Press Release
SPPI Urges Review After Eighth Circuit Strikes Down Debit Card Fee Cap
SPPI, which filed an amicus brief supporting the Federal Reserve, points to the pending Linney’s Pizza appeal
TV & Radio
How Did a Nonprofit Become America’s Insurance Regulator?
SPPI Executive Vice President Gregory A. Schroeder joined Brandon Vogt on 96.3 FM KKOB to discuss who writes the rules for insurance and consumer credit.
Aired on96.3 FM KKOB
Op-Ed
Elizabeth Warren Came to Dance On a Grave. The Corpse Was at Home
Sen. Elizabeth Warren spent months demanding regulators kill Enova International’s bank deal. On Sept. 14 she got her wish. Enova announced a buyback. As funerals go, it was upbeat. Enova withdrew its applications with the Comptroller…
Originally published inRealClearMarkets
Op-Ed
What Does a Pizza Have to Do With a Loan?
I was reading about Linney’s Pizza v. Board of Governors of the Federal Reserve System, a case involving a Kentucky pizza shop and the fees merchants pay on debit-card transactions, and it got me thinking about…
Originally published inDC Journal
Op-Ed
When the Horseshoe Isn’t Just a Theory
Nowhere is the horseshoe theory more readily apparent than in consumer finance.
Originally published inNational Review
In the News
SPPI in the News
August coverage spanning insurance regulation, debit interchange, employee ownership, and how New Mexico policy affects national policy.
Op-Ed
Indebted Americans need help, not restrictions on settlement services
According to research from The Federal Reserve Bank of New York, roughly 60% of the 175 million American adults holding credit cards carry a balance.
Originally published inAmerican Banker