Majority Whip Richard J. Durbin was elated that the the federal District Court for the District of Columbia tossed new swipe fee regulations — written by the Federal Reserve — that were looser than the ones the Illinois Democrat pushed in his quest to restrict the fees debit card networks charge merchants.
“The Fed’s 2011 decision to bend to the lobbying by the big banks and card giants cost small business and consumers tens of billions of dollars and did not do enough to rein in the anti-competitive, anti-consumer practices of Visa and MasterCard,” Durbin said in a statement.
Durbin had challenged the Fed’s rule making, saying in a court filing that it didn’t line up with Congressional intent. The court has sided with Durbin.
Durbin also made time to appear at a Senate Commerce hearing on the risks energy drinks pose, especially when marketed to children. He brought pictures and props (24 oz. cans of energy drinks) to the hearing.
“These 24 ounce cans of Monster Energy and Rockstar are sold in convenience stores right next to Gatorade and soft drinks, but just one of these cans contains the same amount of caffeine as almost 7 cans of soda — which contain about 35 milligrams of caffeine each,” Durbin said during that appearance.
As for Senate Majority Leader Harry Reid, the Nevada Democrat found time for a meeting with Interior Department officials on an important issue in Western states. Reid and his Senate colleague, Republican Dean Heller, joined other members of the Nevada delegation for a “Sage Hen Summit.”
Many westerners are concerned about the possibility that the sage grouse, a large bird known for its elaborate mating ritual, could be listed as an endangered species.
“Conservation and restoration of sagebrush habitat in Nevada and throughout the West is vital to maintaining healthy sage grouse populations and thwarting a threatened or endangered listing that will negatively affect Nevadans and our rural economies,” Reid said in a statement.
“Should the sage grouse be listed as an endangered species, Nevada’s way of life and our state’s economic recovery will be in jeopardy,” Heller warned in the same announcement. “I am committed to working with Governor Sandoval and the rest of the delegation to take steps on the federal level that complement and reinforce strategies developed in the state to prevent such a listing.”
Niels Lesniewski has covered the Senate for CQ Roll Call since January 2010, and more recently as a staff writer and resident procedure guru for Roll Call. Niels holds degrees in both government and theater but sometimes can't tell the difference between the two. @nielslesniewski
Humberto Sanchez covers the Senate for Roll Call. Prior to joining, he covered the budget and appropriations process for Congress Daily and now NJ Daily for three years.@hsanchez128