Iowa’s senators say no way to RIN cap

In Washington, Iowa’s senators are playing the same kind of hardball with Senator Ted Cruz as he’s playing with them, refusing to hold a second meeting on the Renewable Fuel Standard until the pending appointment for a USDA undersecretary is confirmed, something Cruz has been holding up in order to get leverage on the RFS debate. The senators say Cruz’s proposal to cap RIN prices at 10 cents is a no go as they believe it would be detrimental to farmers.