The US Supreme Court’s ruling on debit card fees on Monday prompted Justice Ketanji Brown Jackson to recuse herself, saying in her dissent that the decision “wreaks havoc” on businesses, government and society.
In the 6-3 decision written by Justice Amy Coney Barrett, the Supreme Court notes that a North Dakota truck stop and convenience store, Corner Post, was challenging an earlier regulation related to debit card transaction fees. The store resisted the regulation, arguing “that it allows higher interchange fees than the statute allows,” according to the decision. An interchange fee, the court said, is required on debit card transactions and goes to the bank “that issued the card.”
According to the Associated Press (AP), the regulations can be challenged for up to six years. The debit card fee regulation that determined the amount businesses must give banks was put in place in 2011, the AP says. However, the Corner Post “opened for business in 2018,” the Supreme Court said. The court ultimately ruled in Corner Post’s favor, saying that the six-year limitations window did not begin until Corner Post opened.
Newsweek reached out to the Supreme Court via email for additional comment on Monday night.
In her dissent, Jackson argued, “The flawed reasoning and broad results of the Court’s decision in this case are shocking.”
She continued: “The majority refuses to accept the straightforward, reasonable, and plausible reading of the statute of limitations that Congress wrote. In doing so, the Court wreaks havoc on government agencies, businesses, and society at large. I respectfully dissent.”
Jackson also noted, “Thus, even before I analyze the statute of limitations arguments, one can see that this case is the poster child for the kind of manipulation that the majority now invites—new groups are brought (or created) just to Reiteration: The claims in the Corner Post lawsuit were not new or in any way distinguishable (even in wording) from earlier and untimely claims by commercial organizations that had existed for decades.”
On X, formerly Twitter, many users reacted to the decision on Monday. Democratic Representative Jerry Nadler of New York said, “The ruling in Corner Post is yet another power move by a corrupt majority on the Court to undermine Congress and give large corporations and individuals a way to avoid complying with the rules. that protect our air, water, land, food, medicine, and rights Congress must act to restore its authority under the Constitution to pass laws that protect all Americans and stop those who wish to break these laws for the sake of of profit.
Nadler also linked to a news release about the decision, also written by Democratic Representative Lou Correa.
In an opinion from The Wall Street Journal Editorial office, the court’s decision was praised: “The little boy has scored another great victory in the Supreme Court against the administrative state.”
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Newsweek is dedicated to challenging conventional wisdom and finding connections in search of common ground.