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Merchants Sue Feds over Illinois Card Fee Law

The groups say federal regulators bypassed required procedures and blocked a law that could save Illinois merchants and customers about $500 million a year.

Summary by Payments Dive
Trade groups filed lawsuits against bank and credit union regulators over a preemption of a state law that bans swipe fees for taxes and tips.

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Payments Dive broke the news in Newton, United States on Thursday, November 12, 2026.
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