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Oct
03

Increasing the Transparency of the Federal Reserve Board (FRB) on Interchange Fees

03 Oct
The FRB (Federal Reserve Board)  is vested with broad powers  to regulate interchage fees.

In order to increase the transparency of this important organization,  the Center for Reguhlatory Effectiveness, a recognized regulatory watchdog,  has established an Interactive Public Docket (IPD) dedicated to venting its operations and alllowing the public to send it comments on a 24/7 basis.

The FRB operations are subject to the “good government” statutes which “regulate the regulators”. The “good government” statutes include the Data Quality Act and the Paperwork Reduction Act .

This IPD provides a convenient mechanism to provide your views to the  FRB on a 24/7 basis; simply click on  the Interchange  Discussion Forum to the right of this page.

The  Interchange Fees  Discussion Forum is a repository of  influential analyses dealing  with interchange fees.

Please note that all the Forums are interactive and you may  provide comments and submit documents with or without your using your  name. No registration is required–simply type your comments.

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