With an emphasis on combating the threat posed by ISIL, addressing international health concerns, and focusing on the growing problem of climate change, President Obama's budget proposal is historic both in terms of the bold initiatives it undertakes and its global scope. Read more »
by Leslie PickerOne of the first big mergers of the new year resembles a number of other deals in recent years in one crucial respect: It will allow an American corporation to move its headquarters to a country where corporate taxes are lower. Johnson Controls, which introduced a device that could control room temperature some 130 years ago, has agreed to combine with Tyco. With the… Read more »
Despite such remarkable economic gains, neither President Obama nor I believe that our work is done. Too many working men and women continue to struggle just to provide the basic necessities for their families. Too many communities of color find themselves underserved and disadvantaged. Read more »
Rather than starting the New Year with new bipartisan initiatives to create jobs and move our economy forward, House Republicans have once again decided to pursue the same partisan fights from the year before. Their efforts not only compromise the health care of millions of families across the country, but also represent an outright refusal to pursue sensible legislation with their colleagues across the aisle. Read more »
The FY 2016 Omnibus Appropriations bill is not perfect, but this bipartisan compromise will keep the government functioning and is a tremendous improvement over the disastrous budget proposed by Republicans earlier this year. Read more »
This modest increase – the first since 2006 – will also help us avoid a more substantial rise in rates in the future and prevent a potential disruption in financial markets. Although risks from the global economy continue to persist, this is a measured and pragmatic response to our nation's current economic standing. Read more »
by Peter SchroederThe financial industry is eyeing a must-pass government funding bill as a way to stymie administration efforts to impose contentious new rules on the sector.As lawmakers work to craft an omnibus funding bill before a Dec. 11 deadline, the industry is pushing to include an amendment that could halt, or at least slow down, a reviled rule imposing a “fiduciary… Read more »
I am immensely proud to nominate such exceptional students to our nation's military service academies this year, said Congresswoman Moore. "They have been through an incredibly competitive process and I congratulate them on all that they have accomplished." Read more »
by Vicki NeedhamFour top House Democrats are urging their colleagues to oppose any amendments to a highway bill that would damage efforts to reauthorize the Export-Import Bank.House Democratic Whip Steny Hoyer (Md.), House Financial Services Committee Ranking Member Maxine Waters (Calif.) and Reps. Gwen Moore (Wis.) and Denny Heck (Wash.) sent a letter to the House Democratic Caucus on… Read more »
Today's House vote to reauthorize the Export-Import Bank is a major victory for American workers. This important bipartisan vote signifies that both Republicans and Democrats understand the value this vital federal agency adds to our collective effort to bolster and grow our economy. I'd like to thank my Republican colleagues who broke with the extreme wing of their party and joined us to pass this critical legislation. Read more »