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 ...
I’d guard both against interpretation that the bill willnecessarilypass the Senate because it passed the House. At the same time, Ryan and House Republicans overcamesomeof the same obstacles — and if that precedent isn’t dispositive, it’s at least highly relevant. Among other things, we ...
The Senate will come back into session next week after a prolonged recess, but the House hasn’t said if it will also still return on May 4.
Veteran Pot Amendment That Passed House and Senate Won't Reach Obama's Desk Kratom users and some scientists, however, dispute the notion that such effects are common or attributable solely to kratom use, and say the true threat to public safety is removing from the market a relatively safe ...
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 provide...
After whirlwind days of turmoil in the House, Speaker Kevin McCarthy suddenly abandoned demands for steep spending cuts from his right flank and instead relied on Democrats to pass the bill, at risk to his own job. The Senate followed with final passage. “We’re going t...
摘要: The article reports that Harry Reid, U.S. Senate Majority Leader, has mentioned in a letter written to Mitch McConnell, Senate Republican Leader, to use a controversial parliamentary procedure to pass part of the healthcare reform bill....
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“The White House is not going to allow the government to shut down,” the official said. “We’ve been clear about what our priorities are. Leadership in both chambers understands that.” Sen. Dick Durbin, the No. 2 Democrat in the Senate, said on CNN’s “State of the Union” that...
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...