Key senators who tried to push rail regulatory legislation in the last Congress re-introduced those measures this week, with one trying to toughen broad oversight powers while the other would strip railroads of a limited antitrust exemption.
Bills that are not passed expire at the end of each Congress, requiring backers to re-introduce them in a new session. But since these did not gain enough traction last time around, many industry observers doubt they will do better in a Congress filled with more anti-regulation members.
The full story is on the Journal of Commerce website.