OCC Lands in the Center of the Swipe Fee Wars

Also, a former senior SEC enforcement official issues lengthy treatise predicting Atkins' firing; Kalshi adds new congressional affairs chief

The OCC’s move to override Illinois’ swipe fee ban on taxes and tips has given banks new reason for optimism, bolstering a lawsuit that hadn’t been going the industry’s way. But it has also placed the agency at the center of a politically charged conflict between financial firms and merchants – and put a spotlight on Jonathan Gould’s assertive tactics t…