Reported 12 months ago
In a blow to federal agencies, the US Supreme Court ruled in a case involving debit-card swipe fees that regulations can be challenged years after enactment. The justices voted 6-3 to allow a North Dakota business to sue over a 2011 rule on bank charges, citing that the statute of limitations should begin when the plaintiff is injured by agency action. This decision could open the door for more challenges to longstanding rules under the federal Administrative Procedure Act, affecting the government's regulatory landscape.
Source: YAHOO