There is now no doubt the Federal Reserve's debit interchange rule will remain in place until an appeals court rules on the initial decision doing way with two-thirds of it.
Judge Richard Leon heard arguments from each side on why he should stay his requirement that the Federal Reserve replace the debit rule he overturned on July 31 and the U.S. Court of Appeals for the District of Columbia heard similar arguments urging it to set an expedited schedule to hear the case .
Now Judge Leon has issued the stay and the appeals court has set an expedited schedule.
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