Banks Lose in Washington's Most Heavily Lobbied Battle 10.38K Jim Newell 06/08/11 02:43PM Filed to: Votes Votes Banks Swipe fees Debit Cards Senate Appic The $16 billion battle between retailers and banks over new caps on debit card swipe fees appears to have been won by... retailers! The Senate was unable to pass an amendment today that would've "delayed" (killed) the caps' implementation.