House effort to force Ex-Im vote to stall in Senate: McConnell aide
WASHINGTON (Reuters) – A bid by some House Republicans and Democrats to force a vote to revive the U.S. Export-Import Bank is likely to stall in the Senate, leaving the trade bank’s supporters to pin last-ditch hopes on attaching it to a Senate transpo…
Pentagon sees big impact if Congress fails to pass FY16 budget
WASHINGTON (Reuters) – The U.S. Defense Department would protect spending on operations and readiness if Congress fails to pass a budget for fiscal 2016, leaving procurement programs to shoulder most of the impact, the Pentagon’s chief arms buyer said …
California governor signs gender wage-gap bill
SAN FRANCISCO (Reuters) – California Governor Jerry Brown signed legislation on Tuesday aimed at closing the wage gap between men and women, a law that supporters say is among the strongest in the country.
Defense authorization bill advances in Senate, future cloudy
WASHINGTON (Reuters) – The U.S. Senate voted on Tuesday to limit debate on a $612 billion defense authorization bill, clearing the way for a vote on passage, although the measure’s future is clouded by a dispute between Republicans and Democrats over g…
Obama says TPP will ‘raise the bar’ on currency manipulation concerns
WASHINGTON (Reuters) – President Barack Obama said on Tuesday that the Trans-Pacific Partnership (TPP) trade deal will “raise the bar” on concerns about currency manipulation with a set of principles to measure the problem.
Clinton to announce plan to rein in Wall Street ‘abuses’
DAVENPORT, Iowa/WASHINGTON (Reuters) – U.S. Democratic presidential candidate Hillary Clinton said Tuesday that she will lay out her plan to rein in Wall Street “abuses” within the next week.
Senate leader McConnell cites ‘troubling parts’ to TPP
WASHINGTON (Reuters) – U.S. Senate Majority Leader Mitch McConnell said on Tuesday there were “a number of troubling parts” to the deal for a sweeping Pacific free trade pact, but senators were still examining the agreement reached by 12 countries.
Clinton says no-fly zone over Syria would require Russian cooperation
DAVENPORT, Iowa (Reuters) – U.S. Democratic presidential candidate Hillary Clinton on Tuesday reiterated her support for a no-fly zone over Syria, but said Russia would need to agree for it to work.
TPP deal could lose some Republican votes: Senate Finance chair
WASHINGTON (Reuters) – The Trans-Pacific Partnership agreement could lose “quite a few” Republican votes in Congress, the U.S. Senate Finance Committee chairman said on Tuesday, adding that the level of concern over the deal was high among conservative…
White House: TPP deal will pressure China to raise labor standards
WASHINGTON (Reuters) – The White House on Tuesday said the Trans-Pacific Partnership trade deal will put pressure on China to raise its labor and environmental standards as well as boost its intellectual property protections.