Interchange fee
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
Policy Brief
Parity Should Not Depend on a Branch
The FDIC’s State Bank Parity proposal would put state-chartered banks on national banks’ footing wherever they serve customers; by the agency’s figures, Illinois’s interchange law would cost those banks $308 million to move $2.28 million a…
Policy Brief
Who Paid for the Debit Card Cap
Fifteen years into the debit card cap, Federal Reserve research finds that few merchants cut prices and that banks recovered much of the lost revenue from checking customers, a record that argues against extending the approach…
Amicus Brief
SPPI Files Amicus Brief Defending Federal Reserve’s Debit Card Fee Protections
For Immediate ReleaseJune 18, 2026 [email protected] Washington, DC—The Southwest Public Policy Institute (SPPI), alongside the Pinpoint Policy Institute and the Taxpayers Protection Alliance Foundation (TPAF), announced today the filing of a joint amicus curiae brief in…
Op-Ed
The dangers of credit card populism
Capping interest rates won’t create a fairer system.
Originally published inThe Washington Times
Op-Ed
Sen. Richard Durbin’s Long-Term Love Affair With Price Controls
Senator Dick Durbin has spent much of his career in a love affair with price controls. He flirted with them in his infamous Durbin Amendment, the addendum to the 2010 Dodd-Frank Act. He renewed his vows…
Originally published inRealClearMarkets
Op-Ed
Out of One, Many
As CFPB retreats, the new danger is a jumble of state-level mandates.
Originally published inAmerican Banker