RILA Letter on Federal Reserve Debit Reduction Proposal
Fed must do more to rein in excessive fees
- Home
- Focus Areas
- Public Policy Agenda
- RILA Letter on Federal Reserve Debit Reduction...
RILA filed comments with the Federal Reserve explaining our support for the Board’s proposal to reduce the base debit interchange from $0.21 to $0.144. RILA’s comments also urge the Board to consider adopting a tiered approach that creates at least two rates: one for the largest banks with the lowest processing costs, and one for all other smaller banks.
Read RILA’s full comments to the Federal Reserve.
Latest Policy and Advocacy Insights

Blog Post
Senate Moves to End De Minimis: What Retailers Need to Know
- By [Blake Harden]
- 07/02/2025
Press Release
Retailers Applaud Senate for Doubling Down on Tax Policy
- By [Courtney Titus Brooks]
- 07/01/2025

Press Release
Retailers Urge FTC: Strengthen Consumer Safety Enforcement
- By [Michael Hanson]
- 06/26/2025
Blog Post
Why Transparency in Trade Enforcement Matters
- By [Blake Harden]
- 06/17/2025

Blog Post
Retail Crime Crackdown: Steps Forward, But Far from Over
- By [Sarah Gilmore]
- 06/16/2025
Press Release
Leading Retailers Applaud Continued Efforts to Renew TCJA
- By [Courtney Titus Brooks]
- 06/16/2025