OpenCongress Blog

Blog Feed Comments Feed More RSS Feeds

Senate Votes to Rein in Debit Fees

May 14, 2010 - by Donny Shaw

The Amendment votes continue to roll in on the financial reform bill. The most substantial amendments adopted to the bill recently have to do with reforming the credit rating agencies -- one from Sen. Al Franken [D, MN] and one from Sen. George LeMieux [R, FL]. You can read about them here.

There are smaller amendments being continually added to the bill as well, either by unanimous consent or through roll call votes that just aren't getting much media attention. But some of these unnoticed amendments could end up having big impacts. Sen. Dick Durbin's [D, IL] amendment adopted yesterday to rein in the largely unregulated debit card market is a good example.

 

Read Full Article Comments (1)