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- W1572125909 abstract "This article discusses and analyzes the recent decision by the U.S. Court of Appeals for the District of Columbia Circuit concerning the Durbin Amendment and the Federal Reserve Board's Regulation II. The decision reverses Judge Richard Leon's district court ruling that the Federal Reserve Board's Regulation II, which implemented interchange fee limits and network non-exclusivity provisions, disregarded the intent of Congress and was inconsistent with the Durbin Amendment's statutory language, using a Chevron Step One analysis. The D.C. Circuit Court ultimately upheld Regulation II under a Chevron Step Two approach, finding that the Federal Reserve Board reasonably interpreted the statutory language when implementing Regulation II." @default.
- W1572125909 created "2016-06-24" @default.
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- W1572125909 date "2014-04-01" @default.
- W1572125909 modified "2023-09-23" @default.
- W1572125909 title "DC Circuit Sides with Federal Reserve Board on Meaning of Durbin Amendment to Dodd-Frank Act" @default.
- W1572125909 hasPublicationYear "2014" @default.
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