By  on August 18, 2014

WASHINGTON — The National Retail Federation, Boscov’s Department Store LLC and four other plaintiffs filed a petition for a Writ of Certiorari against the Federal Reserve’s Board of Governors on Monday, asking the Supreme Court to hear a case involving the debit card swipe fees that banks charge retailers when customers use the cards.

The retailers and industry groups are asking the justices to review a ruling by the U.S. Circuit Court of Appeals in March that overturned a lower court decision and let stand the Federal Reserve’s cap of 21 cents on debit card transactions.

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