by Mark Schoeff Jr.Legislation that would block a Labor Department proposal to raise investment advice standards for retirement accounts was on the verge of passing the House on Tuesday — with a veto threat waiting in the wings.The House began debate in the early afternoon on the bill that would force the DOL to halt its fiduciary rule until the Securities and Exchange Commission… Read more »
Economic mobility is vital to our city's future, said Congresswoman Moore. "That's why I've dedicated so much time and effort in securing this multimillion federal grant for the Milwaukee Streetcar project. With this funding, we can expand our city's public transportation options while fostering local economic growth and development." Read more »
by Alex BrownIt took a historic procedural move to get the House to vote on the Export-Import Bank, a process that moved closer to reality with Monday night’s motion to set up a floor vote Tuesday. Getting the bank actually reauthorized may take a more typical Washington maneuver: tying it to must-pass legislation as Congress rushes to meet a flurry of late-year deadlines.Even… Read more »
by Paul Singer, Nathan Bomey and Paul DavidsonWASHINGTON — The House launched a rare effort Monday to circumvent Republican leadership in hopes of reviving the Export-Import Bank, which conservatives managed to choke off earlier this year.The procedure, known as a "discharge petition," basically allows a simple majority of the House to force the House to vote to… Read more »
by Andrea BeasleyThis week, women in politics celebrated Latina Equal Pay Day, and took a stand on gun violence. Find out more in this week’s edition of That’s What She Said!1. Mia LoveRep. Mia Love professed her support for Republican House speaker contender, Jason Chaffetz, hours before House Majority Leader Kevin McCarthy’s bombshell announcement to rescind his bid… Read more »
by Russell BermanIt has taken nearly five years and the resignation of a speaker, but moderate Republicans in the House have taken their most aggressive step to undermine the influence of hard-right conservatives in the party.A group of more than 50 GOP lawmakers joined nearly the entire Democratic caucus to force a vote on legislation reauthorizing the Export-Import Bank, the 80-year-old… Read more »
by Jim PuzzangheraA bipartisan group of House lawmakers joined Friday to force a vote in the coming weeks to reopen the Export-Import Bank, whose charter expired this summer because of opposition from key congressional leaders.The move is a victory for supporters of the 81-year-old bank, which helps U.S. companies export their goods.But even if a reauthorization bill passes the House,… Read more »
by Mark Schoeff Jr.The battle over a Labor Department proposal to raise investment advice standards for retirement accounts reached a new level of nasty last week, as supporters and opponents dug in for months of fighting ahead.Over the course of a few days, the author of a bill that would stop the rule lashed out at Democrats for backing away from her measure, a prominent senator forced… Read more »
It's time for House Republicans to end their political infighting and focus on supporting our country's economic well-being. I urge them to reauthorize the Export-Import Bank as soon as possible to prevent further unnecessary damage to our collective financial future. Read more »
By Vicki NeedhamFour House Democrats on Tuesday urged congressional leaders to immediately vote on legislation that would reopen the Export-Import Bank.Led by Minority Whip Steny Hoyer (Md.), the group sent a letter to Speaker John Boehner (R-Ohio) and Senate Majority Leader Mitch McConnell (R-Ky.) arguing that all sizes of U.S. businesses are feeling the negative effects of the… Read more »
