New York Attorney General Asks Toy Retailers to Be Extra Vigilant About Safety

The New York attorney general has reminded retailers that they are obligated under state and federal law not to sell toxic toys.

As reported by the Associated Press, Attorney General Eric Schneiderman sent letters to 190 retailers. Each letter stated that New York law prohibits the sale, import, and manufacture of children’s products that pose an unreasonable risk of injury, with penalties up to $1,000 per violation.

While federal law requires manufacturers and importers to certify that products comply with children’s product safety rules enforced by the Consumer Product Safety Commission (CPSC), Schneiderman advises retailers to check the CPSC website for product recalls.

He also cites a recent report by Clean & Healthy New York Inc. and the New York League of Conservation Voters Education Fund Inc. that found some children’s items bought in Albany County contained arsenic, mercury, and lead.

Debit Swipe Fees to be Cut

According to the Associated Press, the Senate voted Wednesday to let the Federal Reserve cut fees that banks charge stores when purchases are made by using a debit card. Senators who did not support the proposal fell six votes short of the 60 that were needed to decline the price cut (a vote of 54-45). Currently, stores are charged 44 cents for every debit card that is swiped, which amounts to more than $16 million annually to banks and credit card companies.

In the suggested revised plan, the Federal Reserve wants to limit charges to 12 cents for every debit card transaction. A final ruling on the issue must be made by July 21.

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