Sen. Dick Durbin appeared on MSNBC's The Ed Show yesterday to discuss the Senate's passage of the so-called Credit Card Bill of Rights.  Durbin seemed very pleased to see the legislation advance -- and rightfully so -- but emphasized that there is "more to do." He talked about his proposal to create a Financial Product Safety Commission and also about the need to rein in payday loans.  "We shouldn't view this credit card reform as the last stop.  We've still got to be there to fight for America's consumers who are fighting in this recession."  Watch it:

Also worth keeping an eye on is the bubbling fight over credit card swipe fees. Last week, Durbin offered an amendment that would have allowed merchants to give consumers a discount to pay by debit card as opposed to a credit card in hopes retailers could avoid paying excessive interchange fees credit card companies levy. While it wasn't included in the final draft of the bill -- in large part because the industry lobbied hard to exclude it -- Politico reports that small businesses are now taking the opportunity to push for far more sweeping legislation from Congress.

UPDATE (1:50 PM): Speaking of the Financial Product Safety Commission, the Washington Post is reporting today that key members of the Obama administration are "actively discussing" creating the regulatory commission:

In March, Sen. Richard J. Durbin (D-Ill.) introduced legislation to create a commission like the one that Warren had described. The legislation is co-sponsored by Sen. Charles E. Schumer (D-N.Y.) and Sen. Edward M. Kennedy (D-Mass.). The White House's support would greatly improve its chances of passing.