Durbin

Swipe Fee Fallout Has Small Banks Relishing Rare Advantage Over Wall Street

HuffingtonPost.com | Zach Carter | Posted 03.02.2012

Read More: Durbin, Dodd-Frank, Community Banks, Icba, Wall Street Reform, Repeal, Federal Reserve, Debit Card, Video, Wall Street, Fed, Banks, Swipe Fees, Swiped, Debit Cards, Tester, Politics News

Last year's wild legislative melee over debit card swipe fees featured a curious contradiction: Although big Wall Street banks stood to lose the most ...

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Banks Tap Reliable Money Maker: Credit Cards

HuffingtonPost.com | Catherine New | Posted 01.20.2012

Read More: Debt, Credit Card Balance, Mastercard, Durbin, Profits, Visa, Consumer Credit, Bank of America, Swipe Fees, Credit Cards, Charge Off, Bank Earnings, Big Banks, Debit Cards, Business News

After being rebuffed in its efforts to charge $5 per month for debit card use, Bank of America is gambling on the optimism of American consumers and g...

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Bank Of America Taps Unemployment Benefits For Debit Fees

HuffingtonPost.com | Janell Ross | Posted 01.10.2012

Read More: Prepaid Debit Card, Unemployment, Durbin, $5 Fee, Bank of America, Unemployment Benefits, Swipe Fees, Richard Bove, Debit Card Fees, Business News

CORDOVA, S.C.-- Shawana Busby does not seem like the sort of customer who would be at the center of a major bank's business plan. Out of work for much...

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The Case For Pulling The Plug On The US Commission on International Religious Freedom

Joseph K. Grieboski | Posted 12.18.2011

Read More: Religious Freedom, Ambassador-at-Large for International Religious Freedom, Durbin, Uscirf, State Department, Illinois, Commission for International Religious Freedom, US Commission for International Religious Freedom, Religion and Politics, Religion News

The Commissioners are now more interested in maintaining their institution and their positions on the Commission than truly advancing the cause.

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Swipe Fee Shocker: Fed Caves To Wall Street

HuffingtonPost.com | Zach Carter | Posted 08.29.2011

Read More: Retailers, Walmart, Durbin, Wall Street, Lobbying, Fed, Elections 2012, 112th Congress, Federal Reserve, Banks, Swipe Fees, Debit Cards, Tester, Business News

WASHINGTON -- The Federal Reserve delivered the punchline Wednesday to the year-long joke that has been the lobbying blitz over debit card swipe fees....

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Tester Backpedals On Swipe Fees

HuffingtonPost.com | Zach Carter | Posted 07.19.2011

Read More: Regultion, Politics, Schumer, Durbin, Wall Street, Fed, Federal Reserve, Banks, Swipe Fees, Jon Tester Swipe Fees, Democrats, Tester, Politics News

WASHINGTON -- On Wednesday, Sen. Jon Tester (D-Mont.) softened his call for a two-year delay of the regulatory crackdown on debit card swipe fees. In ...

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Bair Cries Foul At Bernanke Over Swipe Fees

HuffingtonPost.com | Zach Carter | Posted 07.12.2011

Read More: Walmart, Durbin, Wall Street, Lobbying, Community Banks, Financial Reform, Bernanke, Wall Street Reform, Target, Swipe Fees, Interchange, Home Depot, Tester, Small Banks, Bair, Video, Politics News

WASHINGTON -- The Federal Reserve chairman and Federal Deposit Insurance Corporation chairwoman insisted Thursday that regulating the fees banks can c...

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Takeover Takeaways

Michael Fauntroy | Posted 05.25.2011

Read More: George Bush, Triangulation, White House, Liberals, 2010 Elections, John Boehner, Pundits, Colorado, Michael Fauntroy, Strategists, 2012, Conservatives, Republicans and the Black Vote, George Mason University, Pox, Tea Party, Bill Clinton, Alaska, Florida, Michelle Obama, National Public Radio, Tancredo, Boxer, Npr, Congress, Tim Scott, Joe Biden, Durbin, Democrats, Hilary, J.C. Watts, Barack Obama, Blogs, Elections, Schumer, Approval, Independents, Jill Biden, Gallup, South Carolina, Allen West, Harry Reid, 1946, Takeover, Republicans, Politics News

Congressional Republicans who think the outcome of this election is a mandate for their view of governance are overstating the case and run the risk of the kind of overreach some say the hurt the Democrats.

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Durbin, Number Two Senate Democrat, Backs Breaking Up Banks

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

Read More: The Financial Fix, Durbin, Sherrod Brown, Tbtf, Durbin Too Big to Fail, Kaufman Too Big to Fail, Too Big to Fail, Brown Kaufman, Brown TBTF, Politics News

Dick Durbin (D-Ill.), the Senate's number two Democrat, took to the floor Tuesday to back an amendment to Wall Street reform that would break up big b...

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They Keep Stealing -- Why Keep Paying?

Dylan Ratigan | Posted 05.25.2011

Read More: Lobby, Durbin, Bailout, Financial Reform, Secretive Bailouts, Ceo, Clawbacks, Bonuses, Ninja Loans, Subprime Borrowers, Wall Street Bonuses, Business News

Nearly a quarter of all Americans are currently underwater in their mortgage, and if you are one of them, chances are you didn't do anything wrong. You didn't cause this mess. They did.

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Slashing Workers' Wages and Benefits? Why Not CEOs' Too?

Rep. John Conyers | Posted 05.25.2011

Read More: Collective Bargaining, John Conyers, Labor, Bankruptcy, Durbin, Ceos, Pensions, Unions, Health Benefits, Business News

It's a story told so often that we know the ending well before the last chapter: the same executives who steer a company to the brink of collapse are given preferential treatment with the remaining assets. It's time we changed the ending.

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Senate Fight for Transportation Equity

Laura Barrett | Posted 05.25.2011

Read More: Politics, Schumer, Social Justice, Bus, Durbin, Equity, Subway, Public Transportation, Dodd, Lautenberg, Menendez, Transit, Train, Senate, Reed, Politics News

Eight powerful senators struck a blow for the millions of Americans who depend on public transportation, introducing the Public Transportation Preservation Act.

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Silence of the Lambs

Diana Meehan | Posted 05.25.2011

Read More: Pelosi, Lamb, Durbin, Waxman, Democrats, Schakowsky, Slaughter, Insurance, Donut Hole, Protest, Health Care, Reid, Wolf, Republicans, Health Insurance Reform, Capps, Politics News

I'm an ethical being and I'm tired of living in a wealthy society that does not care for the most vulnerable in our midst -- the elderly, the children, the poor and, yes, the women.

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Nancy Pelosi Will Not Include Public Option In Final Bill

HuffingtonPost.com | Sam Stein and Ryan Grim | Posted 05.25.2011

Read More: Dick Durbin, Durbin, Health Care Reform, Durbin Health Care, Public Option, Durbin Public Option, Senate Health Bill, Senate Bill, Pelosi Public Option, Nancy Pelosi, Politics News

Speaker Nancy Pelosi (D-Calif.) said on Thursday that she would not include a public option in a health care reconciliation package that the House wil...

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Friday Talking Points [115] -- Git 'Er Done!

Chris Weigant | Posted 05.25.2011

Read More: Pentagon, Medicare for All, Guantanamo, Git R Done, Alan Grayson, Banning Earmarks, Whip Congress, Military, Wall Street Reform, Midotw, Nancy Pelosi, Most Impressive Democrat of the Week, Health Care, Reconciliation, Energy, Eric Massa, Dont Ask Dont Tell, Public Option, Financial Reform, Dick Durbin, Git Er Done, Congress, Get Er Done, Whip, Democrats, Barack Obama, Larry the Cable Guy, Mddotw, Harry Reid, Dodd, Get It Done, Healthcare, President Obama, Gitmo, Jobs, Immigration, Obama, Chris Dodd, Democratic, Friday Talking Points, Bush Tax Cuts, Most Disappointing Democrat of the Week, Congressional Budget Office, David Obey, Public Option Act, Earmark Ban, Cbo, Durbin, Whipcount, Wall Street, Earmarks, Chris Weigant, Medicare, Glenn Beck, Whip Count, hr4789, Politics News

Call it the calm before the storm. What everyone's waiting on is for Congress to leap into action. But, in a surprising twist, this time it might actually happen.

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Dick Durbin Positioning Himself For A Majority Leader Run?

Politico | Posted 05.25.2011

Read More: Illinois Senator Dick Durbin, Dick Durbin, Durbin, Denate Majority Whip Dick Durbin, Sen. Dick Durbin, Senate Majority Whip, Filibuster, Senate Majority Leader Harry Reid, Chicago News

Democrats are hungry for a hardball strategy against a resurgent Republican Party, and Senate Majority Whip Dick Durbin is positioning himself as a le...

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Durbin Launches Online Petition To Reform The Filibuster

HuffingtonPost.com | Sam Stein | Posted 05.25.2011

Read More: Filibuster Reform Effort, Dick Durbin, Obama Filibuster Reform, Durbin, Durbin Online Petition, Filibuster Reform Durbin, Harkin Shaheen, Politics News

The second ranking Democrat in the United States Senate is trying to fire up efforts to reform the filibuster rules that so often grind activity in hi...

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Friday Talking Points [112] -- Public Option's Last Stand

Chris Weigant | Posted 05.25.2011

Read More: Leader, Leadership, Sherrod Brown, David Gregory, Maddow, Journalist, Reform, Democratic, Gillibrand, Journalism, Friday Talking Points, Whip Congress, Public Options Last Stand, Bennet Letter, Senator, Letter, Savethepublicoption, Public Option Letter, Midotw, Most Disappointing Democrat of the Week, Most Impressive Democrat of the Week, Merkley, Budget Reconciliation, Health Care, Bennet, Reid, Reconciliation, Mtp, Save the Public Option, Public Option, Bob Costas, Dick Durbin, Nbc, Democrat, Last Stand, Majority Leader, Most Impressive Journalist, Joe Shoemaker, Durbin, Whip, Democrats, Olympics, Meet the Press, Mddotw, Whipcongress, Rachel Maddow, Chris Weigant, Health, Harry Reid, Jeff Merkley, Michael Bennet, Kirsten Gillibrand, Healthcare, Senate, Politics News

Before we begin here, I'd like to humbly propose a new law. No American television station should be allowed to have an exclusive contract for any Ol...

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Thomson Prison Will Likely Be Next Stop For Gitmo Detainees, Says Obama Administration

Washington Post | Peter Slevin and Peter Finn | Posted 05.25.2011

Read More: Durbin, Afghanistan, Interrogation, Terrorism, 9/11, Obama, Gitmo, Detainees, Illionois, Enemy Combatants, Thomson Prison, Chicago, Iraq, Cuba, Torture, Chicago News

CHICAGO -- Despite opposition from congressional Republicans, the Obama administration is signaling that a state prison in rural Thomson, Ill., will p...

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Doughnuts For Dorgan: Drug Reimportation Killed In Deal That Might Get Cheaper Drugs For Seniors

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

Read More: Big Pharma, Durbin, Prescription Drugs, Re-Importation, Roll Call, Sheldon Whitehouse, Cost of Health Care Reform, Canada, Pharma, Prescription Drug Prices, Senate, Drug Deal, Dorgan, Health Care Reform, Chris Dodd, Byron Dorgan, John Cornyn, Politics News

President Obama and the Senate leadership can't whip up the votes necessary to pass a public option or even a Medicare buy-in compromise, but they did...

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To Dick Durbin: Before Surrendering the Public Plan, Just Make It Optional

Paul Abrams | Posted 05.25.2011

Read More: Alaska, Public Plan, Montana, Healthcare Reform, Washington, Medicare, Durbin, Newt Gingrich, Sarah Palin, Politics News

"The public plan is socialism." Okay, if that's what people in your state believe, disallow it in your state. The wingnuts could even declare victory. Who cares?

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Durbin Responds To Right-Wing Harassment Strategy: We "Won't Fall For A Sucker-Punch Like This"

Think Progress | Posted 05.25.2011

Read More: Freedom Works, Dick Durbin, Durbin, Town Hall, Americans for Prosperity, Lobbying, Lobbyists, Ahip, Health Care Reform, Gop, Democrats, Health Care, Jonathan Cohn, Politics News

ThinkProgress reported today on the growing number of angry right-wing activists viciously harassing Democratic, as well as moderate Republican, membe...

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Online Lenders Fight Regulation (VIDEO)

David Murdock | Posted 05.25.2011

Read More: Interest Rate Cap, Lisa McGreevy, Greed, Payday Loan, Predatory Lending, Payday Lending, Fraud, Online Loan Sharks, 36% Interest Rate Cap, Online Lending Alliance, Dick Durbin, Northway Financial, Chris Dodd, 36%, Durbin, Joe Baca, Video, Politics News

Payday loan offices were sprouting up in strip malls across America for years before Wall Street collapsed last fall -- quiet evidence that hard times began hitting working families long ago.

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Harry Reid Promises Republicans He'll Never Call Their Bluff

Ari Melber | Posted 05.25.2011

After watching this absurdity playing out in the stimulus debate, people are calling on Sen. Reid to make the Republicans follow through and actually filibuster legislation and show this spectacle to the public.

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McCain Admits He's "Divorced" From Reality: Obama Camp Lets Rip

HuffingtonPost.com | Sam Stein | Posted 05.25.2011

Read More: Mccain Service Forum, Mccain Forum, Dick Durbin, Durbin, Rahm Emanuel, Obama Conference Call, Emanuel, John McCain, Politics News

The Obama campaign is jumping all over a line from John McCain, in which the Arizona Republican suggested that time in Washington had made it easier f...

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