Tag: Poison Pill Amendment

A poison pill amendment to simultaneously weaken a consumer-friendly credit card reform bill and reverse a hold on a controversial Bush Administration rule to allow concealed guns in national parks won U.S. Senate approval late Tuesday. Colorado Democratic Sens. Michael Bennet and Mark Udall backed the measure introduced today by ultra-conservative Sen. Tom Coburn, R-Okla., following a weekend compromise by Senate Banking Committee members that further watered down some consumer protections but still not to the liking of the lobbyist-heavy financial industry.