On Tuesday, the Supreme Court declined, without comment, to hear an appeal of a lower court ruling upholding the Federal Reserve's current regulatory regime overseeing debit interchange. 

The decision means the current debit interchange rates and rules will stand until the Fed changes them or until retailers and debit card issuers or financial institutions musters enough political support in Congress to change them.

Reactions to the decision largely depended on the positions these groups brought into the case.

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