The Supreme Court rules for a North Dakota truck stop in a new blow to federal regulations
The Supreme Court has opened the door to new, broad challenges to regulations long after they take effect, the third blow in a week to federal agencies
By Ap News
Published - Jul 01, 2024, 10:13 AM ET
Last Updated - Jul 01, 2024, 10:13 AM EDT
WASHINGTON (AP) — The Supreme Court opened the door Monday 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.
The deadline for lawsuits over the regulation was in 2017.