Prof. Kristin Hickman’s Administrative Law Treatise Cited by the U.S. Supreme Court in Corner Post Inc. v. Board of Governors of the Federal Reserve System, Footnote 4 

Professor Kristin Hickman’s administrative law treatise was cited in footnote 4 by the U.S. Supreme Court in the decision of Corner Post Inc. v. Board of Governors of the Federal Reserve System. The case concerns the interchange fees associated with debit card transactions, which generate billions of dollars in revenue for issuing banks. The regulatory agency, the Board of the Federal Reserve System, promulgated a rule (“Regulation II”) to govern these fees. Regulation II caps the fees that banks can charge for each debit card transaction. Petitioners in the case include Corner Post, a convenience store, the North Dakota Retail Association (NDRA), and the North Dakota Petroleum Marketers Association (NDPMA), all of whom accept debit card payments and are thus affected by interchange fees.