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Regulatory roundup: Bank interchange fees, NCUA’s 1 board member, NO FAKES

Image of Marsha Blackburn, Senator from Tennessee, one of the sponsors of the NO FAKES bill.
Photo: Moneymaker/Getty Images

Julie DiMauro

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This US reg roundup envisions a right of action for deepfake deception and an enforcement peek at regulators’ analysis of interchange fees.

In this roundup post about US regulatory and legal initiatives, we look at how banking regulators have imposed $250m in civil penalties on Discover Financial Services for overcharging merchants on interchange fees just before issuing their approval of Capital One’s $35 billion acquisition of Discover. 

And the Federal Deposit Insurance

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