central banker Paul Volcker is optimistic that the Volcker Rule in Section 619, an amendment to the Restoring American Financial Stability Bill, will be passed in to law in the U.S. Under the rule, commercial banks will not be allowed to participate in proprietary trading. Volcker asserted ...
Democrat strategist Laura Fink and Committee to Defeat the President Chair Ted Harvey discuss the Build Back Better bill.
This article reports that Hawaii's Senators Daniel lnouye and Daniel Akaka say that they believe they have gathered enough votes to ensure passage of a bill approving Native Hawaiian recognition in the U.S. Senate. The two believe all of the Democrats will vote for the bill and at least ...
It’s tempting, therefore, to assume that the same process will play out in the Senate and that the BCRA will eventually pass after a few weeks of drama. When the ink is still drying on the bill, as it is right now, Republican senators have lots of incentive to express their concerns...
President Donald Trump touted passage of the bill in the House at a White House event. "As far as I'm concerned, your premiums are going to start to come down. We're gonna get this passed through the Senate, I feel so confident," Trump said. "This is a great plan. I actually thi...
Senate Close to Deal on Budget Impasse, but Will House Pass It?Trumbull, Mark
Senate Democrats attempted to pass a bill to extend the deadline, and will continue to work to find "a responsible solution", accodring to Schumer. "I will work with the Trump administration and with both parties to keep TikTok alive while protecting our national security," said Schumer. ...
Senate Democrats attempted to pass a bill to extend the deadline, and will continue to work to find “a responsible solution”, accodring to Schumer. “I will work with the Trump administration and with both parties to keep TikTok alive while protecting our national security,” said Schumer....
It's the responsibility of Congress to fund the government. The House and Senate have to agree to fund the government in some way, and the president has to sign the legislation into law. Congress often relies on a so-called continuing resolution, or CR, to provid...
The House passed a short-term funding bill on Tuesday, moving to avert a government shutdown despite fierce opposition from conservatives. Lawmakers voted 336-95 on the stopgap measure, with 127 Republicans joining with 209 Democrats to pass the legislation. It now goes to the Senate, whi...