The Hill News

As the owner of two family restaurants that cater to a daytime business clientele, I know a thing or two about serving up a good lunch. And, in the run-up to Wednesday’s Senate vote on the amendment to delay new rules limiting debit swipe fees, I had a sinking feeling in the pit of my stomach that big banks were going to eat our lunch ... again.

But, to my surprise and delight - and thanks in large part to small business owners from Maine to Iowa to Washington State who contacted their Senators and make their voices heard - Wall Street bankers didn’t win this time. They didn’t eat our lunch.

While 54 Senators voted for the bank-backed amendment, it needed 60 to pass, and we had a broad bi-partisan show of support on our side. But I'm sure this fight isn't over, and that's why it's important to keep pointing out the facts of swipe fees and why small businesses need these new rules to take effect on schedule in July.

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