"Governors from Illinois, Missouri, Indiana, Iowa, Michigan, Minnesota, Ohio and Wisconsin have sent a letter to U.S. Department of Transportation Secretary Ray LaHood asking for his support.
A first phase would upgrade passenger-train routes from Chicago to St. Louis, from Chicago to Madison, Wis., and from Chicago to Pontiac, Mich., via Detroit.
Officials say the cost of the initial phase would be around $3.5 billion and that it could be done by 2014.
A later phase would develop the St. Louis-to-Kansas City route."
American Banker: GOP efforts to repeal CFPB arbitration rule off to rocky start - by Jeff Sovern Here. The article points out that one Republican member of the Senate Banking Committee, John Kennedy of Louisiana, did not agree to cospons...
12 hours ago