Supreme Court Allows Retailer to Challenge Debit Card Swipe Fees

A North Dakota truck stop argued that a six-year limit on filing suit against a regulation was unfair because it opened after that period had elapsed.

Journalists outside the U.S. Supreme Court in Washington on July 1, 2024. Chip Somodevilla/Getty Images

The Supreme Court ruled 6-3 on July 1 that a retailer can challenge the fees the Federal Reserve System allows banks to charge for processing debit card transactions, despite not filing the challenge before the usual six-year cutoff.

Justice Amy Coney Barrett wrote the majority opinion in the case known as Corner Post Inc. v. Board of Governors of the Federal Reserve System.